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James Wynn Bets on Bitcoin's Decline After 45 Liquidations

James Wynn Bets on Bitcoin’s Decline After 45 Liquidations

James Wynn bets on Bitcoin's decline after 45 liquidations.

The cryptocurrency market’s recovery has triggered a series of liquidations for traders betting on a downturn. Among them is James Wynn, who operates with high leverage.

Analysts at Lookonchain reported 12 liquidations in the past 12 hours. Over two months, Wynn’s position was forcibly closed 45 times. The trader opened shorts on digital gold, anticipating a price drop.

According to Hyperdash, the value of his wallet has fallen to $5,848.

Снимок экрана 2025-11-10 155146
Source: Hyperdash.

Despite the losses, Wynn continued to open short positions. He stated that he converted all his stablecoins into shorts, expecting Bitcoin to fall below $92,000.

“I’ve gone all-in. I will either make hundreds of millions or go broke,” Wynn wrote.

The trader also proposed a bet to his followers. If his wager proves incorrect, he will permanently delete his account. If he is right, his followers must publicly apologize.

Should he lose, Wynn will retain his spot Bitcoins in a cold wallet. He plans to live off income from real estate and other passive sources.

At the time of writing, the trader’s main account holds a short position on digital gold worth $274,783 with 40x leverage. The unrealized loss amounts to $10,903.

Снимок экрана 2025-11-10 155906
Source: Hyperdash.

Back in August, Wynn’s leveraged Ethereum position was partially liquidated.

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