365int
James Wynn just got wrecked.
The Hyperliquid trader went all-in with 40x leverage on Bitcoin. He was hoping BTC would rise. It didn’t. He got liquidated for 240 BTC—worth a wild $25 million.
Wynn tried to save himself by closing part of the trade. Too little, too late. He still had 770 BTC left, valued at $80.5 million. But his position’s liquidation price was $104,035. Spoiler: BTC didn’t hit that.
According to Hypurrscan, Wynn is now down nearly $1 million in unrealized losses.
And he’s mad. Real mad.
He claims the market is out to get him. He even asked for donations to fight “market manipulation.” Seriously.
This guy isn’t new to drama. On May 24, he bet $1.25 billion on Bitcoin. With 40x leverage. After already losing $29M the day before. Respect the grind?
Then he flipped—dumped the long, went short with $110 million. Fast forward, he was down $100 million by May 29.
Still not enough pain?
Earlier this week, he placed another $100M long bet. Wynn’s on a mission to turn $1B dreams into reality—or rubble.
Meanwhile, Binance co-founder CZ suggested a dark pool DEX to stop manipulation. Why? DEXs show orders live. That can cause front-running* and slippage**. Not good when you’re leveraged to the moon.
Dark pools are old-school finance tools. They let big players trade in secret. No peeking from retail investors.
*Front-running: traders jump ahead of big orders to profit.
**Slippage: price changes during trade execution.
