Crypto Whale James Wynn’s $87M Portfolio Wiped Out in 5 Days: A Detailed Recap

TL;DR

• James Wynn – an trade participant identified throughout the digital asset house for his high-risk leverage trades – turned the most recent rock star of crypto by making some jaw-dropping trades earlier than the most recent Lookonchain replace revealed a complete wipe-out.
• In a twist, an nameless dealer profited $5.6M in three days by persistently taking the alternative facet of his trades.

The Adventures of Wynn

Earlier this month, he entered an extended BTC place with roughly $390 million. The wager initially had a liquidation value of $96,600 and a margin of simply south of $10 million. Within the following days, Wynn increased the place to a whopping $1.25 billion with 40x leverage. 

At one level, the dealer was on the crest of the wave, standing on the staggering $87 million in unrealized revenue resulting from BTC’s value rally above $110,000. Nevertheless, in direction of the top of final week, the asset’s valuation (and your entire cryptocurrency market) retraced following Donald Trump’s menace to impose tariffs of fifty% on the European Union, efficient from June 1. 

Logically, the downtrend worn out a big chunk of Wynn’s positive aspects. He then flipped bearish on the asset, opening a brief place of 1,038 BTC at $107,711 with a liquidation value of $149,100. Ultimately, the dealer called it quits, closing all contracts with a revenue of $25 million.

The whale’s actions have been praised by many X customers, with some calling him a “legend.” Others, although, haven’t been so type, wishing to see him within the crimson. Wynn ready a particular put up for these stating:

For all my haters on the market who so very a lot liked to see my portfolio swing down by $60,000,000.

Simply know, now you get to see it swing BACK UP INTO THE HUNDREDS OF MILLIONS.

I repeat HUNDREDS OF MILLIONS.

Cash that haters like you’ll be able to’t even dream of getting as a result of… pic.twitter.com/VnFo6i5bhT

— James Wynn (@JamesWynnReal) May 27, 2025

The blockchain analytics platform Lookonchain revealed that just some hours after asserting the revenue, the dealer “was again within the on line casino” and continued to lengthy BTC with 40x leverage. “The portion dimension reaches 684 BTC ($75.34M), and the liquidation value is $103,120,” the entity acknowledged on Might 26. Subsequently, Wynn increased his lengthy place to five,676 BTC, with a liquidation value of $108,010.

Moreover interacting with BTC, Wynn is called a proponent of PEPE and opened a number of positions involving the asset. Again within the day, he spent $182,000 to buy 7.2 trillion tokens. He bought 6.76 trillion PEPE for nearly $34 million and left 443.7 billion PEPE (price over $6 million at present charges). 

Lookonchain revealed that Wynn had been actively trading the meme coin on Hyperquid recently, making 4 worthwhile trades that netted $25.4 million. 

The platform later estimated that the whale deposited 240 billion PEPE into Binance, elevating the query of whether or not he was making ready to money out. Shortly after, the entity disclosed that it appeared like Wynn had bought the stash to fund his lengthy BTC place and informed that he deposited the rest of his PEPE holdings into the change. 

Betting Towards Wynn and Huge Loss

The whale executed his whopping lengthy and brief positions on the decentralized change Hyperliquid, and these trades have been seen to different market members. Lookonchain revealed the case of 1 savvy dealer who wager towards Wynn’s actions and, in simply three days, made $5.6 million. 

Particularly, they shorted BTC each time Wynn went lengthy and vice versa. On Might 24, dealer 0x2258 opened a brief place in BTC and ETH and closed it the next day, realizing a revenue of $1.36 million.

Then, Wynn opened a BTC brief place, whereas the opposite dealer went lengthy on BTC and ETH, solely to make a revenue of $2.54 million on Might 26. Lastly, the unknown trade participant opened brief positions on the 2 cryptocurrencies, producing a revenue of $1.7 million (a minimum of on paper). 

Some speculated that the mysterious dealer may be Wynn working from one other account to hedge his bets. Nevertheless, the whale rejected the rumors, saying:

“Not proud of this put up in any respect. Whoever dealer 0x2258 is, it’s not me and have no clue who it’s. I solely commerce on one HL account and that’s public. Don’t begin spreading faux information with zero proof.”

The newest Lookonchain replace, although, paints a painful image for the whale. It reads that it took him 70 days to construct the aforementioned $87 million portfolio (at its peak) however solely 5 days to lose virtually all of it.

James Wynn(@JamesWynnReal) has worn out virtually all his income on #Hyperliquid.

It took him 70 days to go from 0 to $87M+ in revenue, and solely 5 days to lose virtually all of the $87M+ in revenue.https://t.co/IUTpCuzoSB pic.twitter.com/n2p3nftZ3G

— Lookonchain (@lookonchain) May 28, 2025