{"id":29377,"date":"2025-05-30T06:16:49","date_gmt":"2025-05-30T06:16:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29377"},"modified":"2025-05-30T06:16:49","modified_gmt":"2025-05-30T06:16:49","slug":"bitcoin-bull-james-wynn-close-to-total-liquidation-as-losses-near-100m","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29377","title":{"rendered":"Bitcoin Bull James Wynn Close to Total Liquidation as Losses Near $100M"},"content":{"rendered":"
\n

James Wynn, the Hyperliquid trader who had at one time a billion-dollar notional position, has become an outsized victim of bitcoin’s BTC cooling sentiment.<\/p>\n

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.<\/p>\n

\"(Coinglass)\"<\/p>\n

Data from Hyperdash<\/a> 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<\/a>.<\/p>\n

\"(Hyperdash)\"<\/p>\n

The trader, known for making aggressive bets under the pseudonym “moonpig,” currently holds a long position of approximately 1,690 BTC, valued at roughly $178.78 million.<\/p>\n

On-chain data<\/a> shows that Wynn’s 40x leveraged BTC bets now carry an unrealized loss of approximately $3.5 million, representing a negative return of 77%.<\/p>\n

But with BTC trading near $106,000, just slightly above Wynn\u2019s liquidation price of around $104,607, any further decline in the asset\u2019s price could trigger automatic forced sales.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

James Wynn, the Hyperliquid trader who had at one time a billion-dollar notional position, has become an outsized victim of bitcoin’s BTC cooling sentiment. 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 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29377","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29377"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29377\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}