James Wynn, a high-leverage crypto trader, has deactivated his X social media account after incurring significant losses estimated in the nine digits. His account now leads to a page stating 'This account doesn’t exist,' and his wallet balances have plummeted to just $10,176, down from an initial $100 million. Wynn gained notoriety for his speculative trades on the Hyperliquid platform, with a notable incident in May 2025 where he lost 949 BTC when Bitcoin prices dropped below $105,000. In a now-deleted post before his liquidation, he openly admitted to not practicing proper risk management and described his trading as akin to gambling. Following the loss, he sought help from the crypto community, resulting in donations from at least 24 addresses, but he ultimately could not recover and lost over 99% of his funds. This situation has drawn commentary from long-term investors regarding the risks of short-term speculation versus holding assets.

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