Trader James Wynn Gets Wrecked: 12 Liquidations in 12 Hours as Bitcoin Crushes His Shorts

Another overleveraged gambler learns the hard way—never fight the orange coin.

When Bitcoin decides to rally, it doesn't ask for permission. James Wynn just paid $49.9 million for that lesson.

Here's how it went down:

The Setup: Wynn opened a cascade of short positions against BTC, convinced the market was due for a correction.

The Punchline: Bitcoin surged 18% in half a day. Exchanges liquidated his positions like clockwork—once every hour on the hour.

The Aftermath: His trading history now looks like a blockchain explorer—just a series of failed transactions.

Funny how these 'contrarian traders' always forget the first rule of crypto: the market can stay irrational longer than you can stay solvent. Especially when you're using 100x leverage like it's Monopoly money.

“I’m all in.” pic.twitter.com/hmqZMVczto

— Cointelegraph (@Cointelegraph) November 10, 2025

A Brutal Losing Streak, With Numbers to Prove It

According to, Wynn’s primary trading account was liquidated 12 times overnight and into the morning of November 10, marking an extension of his disastrous streak , 45 liquidations in just two months.

Analysts reviewing the same data reported that Wynn’s remaining portfolio balance had dwindled to only a few thousand dollars, underscoringand.

This string of forced liquidations coincided with a, as Bitcoin surged past, triggering a wave ofacross major derivatives exchanges. For a trader operating with 40x leverage, a move of just a few hundred dollars against their position can completely erase their margin.

Blockchain analytics link Wynn’s trading activity to the walleton, showing, chronic drawdowns, and heavy cumulative losses throughout 2025. In short: an ultra-aggressive trader caught in the market MOVE he feared most — a.

Why the Market Turned Against Wynn

The timing of Bitcoin’s rebound wasn’t random. U.S. macro conditions briefly improved asrts surfaced of a bipartisan deal in the Senate to avert a federal government shutdown , a development that boosted risk appetite across global markets, including crypto.

Even without an official confirmation, the prospect of renewed fiscal stability encouraged traders to re-enter risk assets. Thin order books and overly confident short sellers belowset the stage for a.

As prices climbed, heavily Leveraged short positions were forced to cover, fueling an even steeper rally , a self-reinforcing feedback loop well-known in volatile crypto markets.

In 2025, the crypto market has become highly sensitive to liquidity-related events , fromto. The latest relief rally was largely, with traders reacting more to sentiment than fundamentals.

Wynn Doubles Down Despite Mounting Losses

What’s most striking isn’t just Wynn’s losses. It’s his response. Despite repeated margin calls, he reportedly, betting on a.

I’m all-in.

I’m going to be completely and utterly honest here, and this is the gods honest truth.

I have sold my entire crypto portfolio (excluding long term $BTC spot that I will never sell).

And in the past few hours I have deployed all stables (30%) + and thrown it all…

— James Wynn (@JamesWynnReal) November 10, 2025

This “” strategy , increasing position size to recoup losses , dramatically increases risk. At, aagainst the position triggers liquidation. Given Bitcoin’s frequent, Wynn’s setup leaves almost no room for survival.

Analysts note that Wynn even had a recent winning trade but refused to take profits, choosing instead to. This mix ofhas historically led to spectacular collapses in bull markets.

As one market observer quipped:

“In crypto, the price doesn’t need to be right to ruin you — it just needs to outlast your margin.”

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