Hyperliquid Trader James Wynn Loses $100M
The post Hyperliquid Trader James Wynn Loses $100M appeared on BitcoinEthereumNews.com. Popular trader James Wynn, widely known as the Hyperliquid Whale, now has just $23 in his trading account. As one viral joke on X put it — Wynn can no longer afford a Big Mac Meal and a Subway sandwich in the same sitting. Hyperdash data reveals that his account’s all-time P&L is now $17.5 million in the red, down from $82.5 million in the green on May 23rd. One of the most successful traders just lost $100 million in a week — a blow-up that may go down as one of the biggest cautionary tales against emotional, high-leverage trading. However, could a new Telegram-native crypto trading bot save traders like Wynn in the future? The Snorter Bot, a full-stack Telegram trading suite, is laced with sub-second execution, real-time market insights, and scheduled stop-loss and limit orders. It is purpose-built to give users a competitive edge in crypto trading, in addition to early meme coin snipes and cutting-edge security against scams. How Did James Wynn Lose $100M In A Week? James Wynn’s portfolio had a $100 million P&L on May 23rd, a result of several smart trades as well as the recent bull market. However, he soon engaged in emotion-based trading with high leverage — the perfect powder keg for a massive liquidation. First came greed — Wynn started opening trades with billion-dollar leveraged positions in Bitcoin and Pepe. Unsurprisingly, the market makers turned against him and started to move asset prices to liquidate his positions. Wynn suffered massive losses from his peak, but remained in significant profit overall — a point where most seasoned traders would secure gains, step back, and reassess their strategy with a clear head. Wynn even posted on X that he would do the same, revealing that he has decided to “leave the casino” with…
The post Hyperliquid Trader James Wynn Loses $100M appeared on BitcoinEthereumNews.com.
Popular trader James Wynn, widely known as the Hyperliquid Whale, now has just $23 in his trading account. As one viral joke on X put it — Wynn can no longer afford a Big Mac Meal and a Subway sandwich in the same sitting. Hyperdash data reveals that his account’s all-time P&L is now $17.5 million in the red, down from $82.5 million in the green on May 23rd. One of the most successful traders just lost $100 million in a week — a blow-up that may go down as one of the biggest cautionary tales against emotional, high-leverage trading. However, could a new Telegram-native crypto trading bot save traders like Wynn in the future? The Snorter Bot, a full-stack Telegram trading suite, is laced with sub-second execution, real-time market insights, and scheduled stop-loss and limit orders. It is purpose-built to give users a competitive edge in crypto trading, in addition to early meme coin snipes and cutting-edge security against scams. How Did James Wynn Lose $100M In A Week? James Wynn’s portfolio had a $100 million P&L on May 23rd, a result of several smart trades as well as the recent bull market. However, he soon engaged in emotion-based trading with high leverage — the perfect powder keg for a massive liquidation. First came greed — Wynn started opening trades with billion-dollar leveraged positions in Bitcoin and Pepe. Unsurprisingly, the market makers turned against him and started to move asset prices to liquidate his positions. Wynn suffered massive losses from his peak, but remained in significant profit overall — a point where most seasoned traders would secure gains, step back, and reassess their strategy with a clear head. Wynn even posted on X that he would do the same, revealing that he has decided to “leave the casino” with…
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