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.
Due to the market rebound, James Wynn(@JamesWynnReal) got liquidated 12 times again in the last 12 hours!
After suffering 45 liquidations over the past two months, James finally had one winning trade — but instead of taking profit, he kept adding to his position.
Ultimately, he… https://t.co/97dLldu5aS pic.twitter.com/5SVcU8ftns
— Lookonchain (@lookonchain) November 10, 2025
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.
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’m all-in.
I’m going to be completely and utterly honest here, and this is the gods honest truth.
I have sold my entire crypto portfolio (excluding long term $BTC spot that I will never sell).
And in the past few hours I have deployed all stables (30%) + and thrown it all…
— James Wynn (@JamesWynnReal) November 10, 2025
“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.
Back in August, Wynn’s leveraged Ethereum position was partially liquidated.