James Wynn’s Hilarious $100M Bitcoin Circus – Will He Win or Sink? 😂

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James Wynn’s Hilarious $100M Bitcoin Circus – Will He Win or Sink? 😂

Once upon a time in crypto-land, there was a daring hero named James Wynn — a guy who made more spins than a Vegas roulette wheel! Recently famous for losing a staggering $178 million in Bitcoin (talk about a wild ride!), he’s back—and this time, he’s betting the farm! Well, actually, almost $100 million. No big deal, right? 😉

After a dramatic exit from Hyperliquid’s perpetual trading scene (which is just a fancy way of saying “playing with fire”), Wynn went all in with a 40x long on Bitcoin, clutching nearly 945 BTC, valued at about $99.6 million. Yep, he’s playing with fire—and probably some gasoline! 🔥

Risky crypto trader

Break From Hyperliquid? Sure, Why Not? 🌊

In a tweet heard around the world (or at least on crypto Twitter), Wynn said, “I’m taking a break from perpetual trading.” Because who doesn’t love a good old-fashioned break, right? So he sold all 126,116 HYPE tokens (that’s hyper-activity on hyperliquid), at an average of $32.72, raking in a cool $4.13 million. The platform, Hyperliquid, was so impressed they almost threw a party! 🎉

I’ve decided to give perp trading a break.

Thank you @HyperliquidX for your hospitality. Your service, impeccable. Your platform exquisite.

It’s been a fun ride. From $4m to $100m and then back down, losing $17.5 million—what a rollercoaster! Now, I take my leave… (sniff)

— James Wynn (@JamesWynnReal) June 2, 2025

Wynn bought those HYPE tokens back in May, spending around $3.13 million at an average price of $24.84. So he’s basically the crypto equivalent of a gambler who bets big and wins some—except, well, he also lost a lot! But hey, a $1 million profit is almost like a trophy, right? 🏆

And even as he leaves perpetual trading behind, Wynn gushes about Hyperliquid being “impeccable,” showing that even risk-takers have their soft spots.

Now for the Big Show: Wynn’s $100 Million Bitcoin Bet — Curtain Up! 🎭

Two hours after parting ways with HYPE tokens, Wynn reappeared like a magician pulling a rabbit—only this time, it’s a giant, sweating Bitcoin! Spotonchain shows he’s opened a whopping $100 million long position, holding nearly 945 BTC. And yes, he’s using 40x leverage—because what could possibly go wrong? 🤪

His entry point was around $105,890 per Bitcoin. But alas, the universe has a sick sense of humor. He’s already down $455,000 with his position teetering on the edge of destruction. The liquidation level? A nerve-wracking $104,580. Talk about walking a tightrope—without a safety net! 🎪

High-stakes Bitcoin trading

If Bitcoin dips below that critical number, our brave Wynn might end up holding a giant bag of tears and regret. Or maybe just a very empty wallet. Either way, stay tuned in this Crypto Comedy Show! 🥳

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2025-06-02 14:11