Cryptocurrency trader James Wynn has abruptly deactivated his X (formerly Twitter) account after suffering catastrophic losses exceeding $100 million in leveraged Bitcoin trades. The once-active profile @JamesWynnReal now displays an "account doesn't exist" error, marking a dramatic exit for the controversial figure.

From Millions to Thousands

Blockchain analytics reveal Wynn's wallets now hold just 【$10,176】 - a staggering decline from his nine-figure positions. Arkham Intelligence data shows the trader's final known balance before account deletion stood at $6,580, with his profile bio changed to a single word: "broke."

——This collapse serves as a cautionary tale about extreme leverage in volatile markets—— remarked an anonymous derivatives trader at a Singapore-based exchange.

The $100M Gamble That Backfired

Wynn gained notoriety through hyper-aggressive trades on Hyperliquid, where he repeatedly placed nine-figure bets against market trends. In May 2025, his 949 BTC long position evaporated when Bitcoin dipped below $105,000. Undeterred, he immediately opened another $100 million position, only to see it liquidated within weeks.

The trader's final public statement before deleting his account acknowledged the recklessness: "I'm effectively gambling... I stand to lose everything." This admission came days before his second massive position collapsed, despite community donations attempting to salvage it.

Market Makers or Mismanagement?

Wynn claimed institutional players deliberately targeted his positions, though analysts suggest his extreme leverage made liquidation inevitable. Data shows his accounts endured at least three major liquidations totaling over 【$225 million】 in two months.

Interestingly, the trader's disappearance coincides with Bitcoin's recent 18% rebound, leaving observers questioning whether exhausted capital or psychological factors drove his exit. Crypto veterans have seized on the episode to advocate for conservative strategies over high-risk speculation.

As the dust settles, Wynn's legacy serves as a real-time case study in leverage dangers—a modern Icarus whose wings melted approaching the $100K Bitcoin sun. The crypto community now watches for any reemergence, while exchanges report increased risk-warning signups among retail traders.