Bitcoin Trader Gets Liquidated After BTC's Rally—Account Once $84 Million Strong, Now Down To The Last $914

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Pseudonymous cryptocurrency trader James Wynn, known for their high-risk leveraged bets, has been liquidated shorting Bitcoin once again, on-chain tracking firm Lookonchain reported on Sunday.

Bitcoin Moves Against Wynn’s Bet…Again

Lookonchain, citing data from Hyperliquid perpetual exchange, stated that Wynn opened several short positions at entry prices between $66,975 and $67,264.

Then Bitcoin surged to $69,500 late Sunday, triggering unrealized losses that eroded margins and led to automatic liquidations. The latest liquidation was executed at $67,955.

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This was Wynn’s sixth liquidation over the past two weeks. No open positions remained active.

From a high of more than $84 million, the trader’s account balance had fallen to $914 at the time of writing. Additionally, these bets resulted in more than $22 million in combined losses, a stark reversal from $76 million in peak profits in May last year.

James Wynn(@JamesWynnReal) has been liquidated again due to the market rally.
In just the past 2 weeks, he has been liquidated 6 times!https://t.co/Gk9K9GXeel pic.twitter.com/qICzgl6T3w

— Lookonchain (@lookonchain) April 6, 2026

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Audacious Or Stupid?

Wynn first burst onto the scene in March 2025, when he turned a $3 million position into $100 million through a series of high-leverage trades, primarily on the meme coin Pepe. The rapid success attracted major online attention, with traders closely tracking their on-chain moves.

Wynn acknowledged they lost $100 million within days after a failed series of leveraged trades on Hyperliquid.

“With all this new attention, the trading spiraled out of control. I was basically gambling,” they confessed on X.

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