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Market News

Crypto Trader James Wynn Lost $100M, Says He ‘Lost Control’

Wynn turned $3M into $100M on Hyperliquid using leverage, but fame drove him to risky bets. “I got greedy,” he admitted.

Written By:
Ronak Kumar

Reviewed By:
Dhara Chavda

Last updated: June 6, 2025 3:22 PM
Published June 6, 2025 12:30 PM
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Last updated: June 6, 2025 3:22 PM
Published June 6, 2025 12:30 PM
Crypto Trader James Wynn Lost $100M, Says He ‘Lost Control’

James Wynn, a well-known pseudonymous crypto trader, has stunned the community with a shocking confession that he lost $100 million in just a few days after a string of high-risk trades on Hyperliquid. 

Wynn gained fame for turning small meme coin bets into millions, especially after flipping $7,000 in PEPE into over $25 million. But his recent experience with leveraged trading on Hyperliquid ended in disaster.

I started trading on perps in March, had never traded perps before, in-fact never really traded properly before, I’ve just traded meme coins. (Before I was known for calling pepe at 600k and making 8 figures).

In one month I turned about $3m into $100m and then lost it all in…

— James Wynn (@JamesWynnReal) June 6, 2025

In a heartfelt post on X, Wynn revealed he began trading perpetual futures in March without any prior experience. “I had never really traded before, just played with meme coins,” he said.

Even so, Wynn managed to take his $3 million and turn it into $100 million by using a lot of leverage on Hyperliquid. He became famous very quickly, but his career ended just as fast. He said the fame and attention he got online led him to take more risks. “I got greedy. I wasn’t taking the numbers seriously,” Wynn wrote.

By mid-May, he had placed a massive $1.25 billion long position on Bitcoin, using up to 40x leverage on Hyperliquid. But when Donald Trump posted a tweet threatening tariffs on the EU, markets turned, and Bitcoin dropped below Wynn’s liquidation level. His entire position was wiped out.

The story of Wynn has led to many people talking about it online. While some regard him as a trading legend, others think he is a sign of what not to do. Because he is so open, he has become a notable figure, but also a warning about the risks involved in crypto trading.

The story of James Wynn on Hyperliquid teaches that in crypto, things can go very well or very wrong in no time.

Also Read: Sensational Crypto Trader James Wynn Exits with $17.5M in Loss

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Ronak Kumar- Crypto Journalist at The Crypto Times
By Ronak Kumar
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Ronak Kumar is a Crypto Journalist with over 3 years of experience covering blockchain, AI, finance, and emerging digital trends. With a background in Commerce (B.Com) and a Postgraduate Diploma in Management (PGDM), he combines business insight with a clear understanding of the evolving crypto space. His reporting has been featured in major publications, with his work cited by NDTV, Hindustan Times, and Outlook India on topics like Trump Memecoin, Bhutan’s crypto mining, and Barron Trump’s digital presence.
Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
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Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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