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 area for his high-risk leverage trades – turned the newest rock star of crypto by making some jaw-dropping trades earlier than the newest Lookonchain replace revealed a complete wipe-out.
• In a twist, an nameless dealer profited $5.6M in three days by constantly taking the alternative aspect of his trades.

The Adventures of Wynn

Earlier this month, he entered a protracted BTC place with roughly $390 million. The guess initially had a liquidation worth 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 attributable to BTC’s worth rally above $110,000. Nonetheless, in direction of the top of final week, the asset’s valuation (and the complete 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 beneficial properties. He then flipped bearish on the asset, opening a brief place of 1,038 BTC at $107,711 with a liquidation worth 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 variety, wishing to see him within the crimson. Wynn ready a particular submit for these stating:

For all my haters on the market who so very a lot cherished 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 may’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 only a few hours after saying the revenue, the dealer “was again within the on line casino” and continued to lengthy BTC with 40x leverage. “The portion measurement reaches 684 BTC ($75.34M), and the liquidation worth is $103,120,” the entity acknowledged on Might 26. Subsequently, Wynn increased his lengthy place to five,676 BTC, with a liquidation worth of $108,010.

Moreover interacting with BTC, Wynn is named 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 (value over $6 million at present charges). 

Lookonchain revealed that Wynn had been actively trading the meme coin on Hyperquid currently, 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 getting 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 trade. 

Betting In opposition to Wynn and Huge Loss

The whale executed his whopping lengthy and brief positions on the decentralized trade Hyperliquid, and these trades have been seen to different market contributors. Lookonchain revealed the case of 1 savvy dealer who guess in opposition to 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 (at the very least on paper). 

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

“Not proud of this submit 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 latest 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 nearly all of it.

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

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

— Lookonchain (@lookonchain) May 28, 2025