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James Wynn's X account deactivated after 9-digit losses

Source Cryptopolitan

Crypto trader James Wynn disappeared from social media after suffering losses in the nine figures. For now, it looks like the high-risk trader finally crashed out, as his personal X account has been deactivated.

Searching for Wynn’s old username, “JamesWynnReal,” on X now returns an error message that says, “This account doesn’t exist.” Right before he deactivated his account, Wynn changed his profile description to “broke.”

Did James Wynn crash out? X account deactivated after 9-digit losses. — Wynn’s old X username returns an account error. Source: X

Blockchain trackers Hypurrscan and Arkham Intelligence report that the combined funds in his wallets now stand at only $10,157.46.

James Wynn(@JamesWynnReal) has deactivated his X account!

What happened? Did he blow up completely?

All his wallets and Hyperliquid balance combined are down to just $10,176.https://t.co/FX6sISVWOhhttps://t.co/snkLcUUgXb pic.twitter.com/bkkxOpo7hZ
— Lookonchain (@lookonchain) July 12, 2025

The trader was known for placing high-leverage bets that often ran opposite to the broader market. Due to this, Wynn received a lot of attention and scrutiny from fellow traders.

His strategy relied on making high-leverage bets on Hyperliquid while enjoying the benefits of the resulting social media engagement. More often than not, the trader watched the market react opposite to his bet.

Wynn lost hundreds of millions betting on BTC futures

During May, Wynn’s position in BTC stood to lose roughly $100 million when Bitcoin’s price slipped below $105k. That triggered liquidations of 949 BTC, effectively erasing his long-BTC holdings.

In a post he later removed, Wynn said, “I do not follow proper risk management, nor do I claim to be a professional; if anything, I claim to be lucky. I’m effectively gambling, and I stand to lose everything. I strongly advise people against what I’m doing.”

Instead of slowing down, Wynn once again opened a $100 million bet days later. Wynn claimed that market makers were intentionally targeting his positions to force a liquidation.

Seeking relief, he asked the community for help. Up to 24 unique wallet addresses sent donation funds to his account.

Shortly after receiving those donations, Wynn sold 240 BTC to push down his liquidation price on his remaining positions. Still, the trader couldn’t save his position and ultimately lost over 99 percent of the second $100 million position.

$198.68 million got liquidated from the broader crypto market in 24 hours

Meanwhile, the broader crypto futures market saw massive liquidations over the last 24 hours.

Liquidation data from CoinGlass at press time shows a total of $198.68 million wiped out in perpetual futures. Long positions accounted for $132.75 million of that total, while shorts made up $65.93 million.

Ethereum traders felt the pinch as well, with $30.84 million in positions closed out. Of that, $21.14 million were longs and $9.26 million were shorts. XRP followed, tallying $16.89 million in liquidations, $13.27 million on the long side, and $3.62 million short.

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Disclaimer: For information purposes only. Past performance is not indicative of future results.

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