Key Takeaways:
- James Wynn lost $4.8 million in leveraged crypto positions backed by just $197,000, with nearly all wiped out within a day.
- His trades included a 40x long on Bitcoin and 10x longs on KingPepe and Hyperliquid tokens.
- Wynn, previously liquidated for $100 million, has become notorious for repeated high-risk trades and rapid liquidations.
High-leverage crypto trader James Wynn has once again suffered a massive loss, with around $4.8 million liquidated in a single day, according to blockchain analytics platform Lookonchain.
On Tuesday, Wynn opened new leveraged positions totaling $4.8 million, backed by just $197,000 in stablecoins.
James Wynn(@JamesWynnReal) just got liquidated again! 😬
— Lookonchain (@lookonchain) October 15, 2025
It seems every time he returns to #Hyperliquid to open new positions… it doesn’t take long before he gets wiped out.https://t.co/UykZYUrjIB pic.twitter.com/DHb3NKQKHi
His trades included a 40x long on 34 Bitcoin worth $3.85 million, a 10x long on 122 million KingPepe (kPEPE) tokens valued at $917,000, and a smaller 10x long on 712 Hyperliquid (HYPE) tokens.
By Wednesday, nearly all of it had been wiped out, leaving just $63,133 in his wallet.
Wynn, who had declared he was “back with a vengeance” before opening the trades, has become notorious for repeated high-stakes losses.
In May, he was liquidated for $100 million after Bitcoin’s price fell to $105,000, triggering the collapse of his long positions.
Days later, he attempted another $100 million comeback, partly funded by social media donations, which also ended in full liquidation.
His repeated blowups highlight the extreme risks of high-leverage trading and how quickly fortunes can vanish in the volatile crypto markets.