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Trader Who Lost $100M in Bitcoin Is Back At It Again—Already Down $500K in Unrealized Loss

  • Cryptocurrency influencer James Wynn lost a whopping $100 million in a 40x leveraged Bitcoin long position, resulting in a complete liquidation.
  • Instead of taking a break, Wynn entered another high-stakes leverage trade just days later on HyperLiquid, aiming to recover the losses.
  • Wynn's new 40x leveraged Bitcoin long position on HyperLiquid currently shows an unrealized loss of over $500,000 USD.
  • The risky bet could lead to complete liquidation if Bitcoin drops below $103,640, putting Wynn's entire trade at risk.

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