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Home»Altcoins»How this popular trader went from $100 million to less than $1,000
Altcoins

How this popular trader went from $100 million to less than $1,000

2026-04-10No Comments3 Mins Read
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Once again attention is drawn to the popular trader James Wynnwhich at this point went from a high of almost $100 million in profits to less than $1000 in his Hyperliquid account. The trader continues to trade Bitcoin and was recently liquidated when the market recovered.

Popular Bitcoin trader who went from almost $100 million to less than $1,000

HypurrScan data shows that popular Bitcoin trader James Wynn’s account has risen from a peak of $84.21 million in May 2025 to $914.21 currently. The trader rose to prominence by reaching a peak of $84 million in just over two months after he started trading on the decentralized exchange (DEX) Hyperliquid.

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The trader piled up these profits through highly leveraged bets, including bets on Bitcoin. A major highlight of the trader’s journey was building a capital of $1.25 billion BTC position by going long with 40x leverage on the leading crypto. This was one of the largest Bitcoin positions at the time, drawing more attention to the trader.

Hyperfluid
Source: Graph from HypurrScan

That position was eventually liquidated, and has been ever since the Bitcoin trader has lost up to $100 million on his positions. Further data from HypurrScan data shows that he currently has an all-time loss of $22 million (profit and loss) on Hyperliquid. Wynn was notably a bull when his trading profits on Hyperliquid climbed to a peak of $84 million.

However, since the crash in his trading profits, trader sentiment towards Bitcoin has continued to turn. Towards the end of last year, he turned largely bearish on BTC, correctly predicting that the leading cryptocurrency would experience a long-term downward trend. Bitcoin has been in a downtrend since hitting an all-time high (ATH) of $126,000. Earlier this year, in February, Wynn predicted that BTC would still fall to $48,000 in this bear market.

See also  Bitcoin Accumulation: Data Shows Institutions Are Net Buyers Again

More liquidations amid bearish sentiment

On-chain analytics platform Lookonchain unveiled that James Wynn was recently liquidated over his Bitcoin position as the crypto market recovered the ceasefire between the US and Iran. The trader had shorted Bitcoin just below $67,000 and was liquidated when the price reached $67,900. Lookonchain noted that the trader has been liquidated six times in the last two weeks.

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Wynn had mainly been shorting Bitcoin, while the leading crypto was trading in the $67,000s. However, the leading cryptocurrency has yet to hit a new low at the $66,000 support and has instead risen back above $66,000. the psychological level of $70,000 since the ceasefire agreement between the US and Iran. HypurrScan data shows that the trader has not opened a new position since the ceasefire.

At the time of writing, the Bitcoin price is trading around $72,000, up in the past 24 hours. facts from CoinMarketCap.

Bitcoin
BTC is trading at $71,664 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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