Bitcoin (BTC) Bull James Wynn Close to Total Liquidation as Losses Near $100M

James Wynn, the Hyperliquid trader who had at one time a billion-dollar notional position, has become an outsized victim of bitcoin's Wynn's current highly leveraged BTC position, which he appears to be struggling to maintain, spiralled into a loss of nearly $100 million over the last week. Data from Hyperdash shows that Wynn's margin usage is nearing 100%, which would result in a total liquidation of his position, though Wynn recently made a deposit of $376,000 to bolster his defenses. The trader, known for making aggressive bets under the pseudonym...