James Wynn's $85.29 million profit earned through contracts has now been completely erased

TechFlow, May 28 — According to on-chain analyst Yujin, cryptocurrency trader James Wynn has recently experienced significant trading volatility, turning from profit to loss within half a month and has now lost all of his previously accumulated $85.29 million in gains. On-chain data shows that he made $11.67 million by going long on TRUMP and FARTCOIN on May 12–13, and earned $42.08 million by going long on BTC and PEPE on May 24. However, he subsequently incurred consecutive losses in multiple trades, including a $16.72 million loss from shorting BTC and going long on PEPE.

Currently, James Wynn is holding a long position of 2,456 BTC with 40x leverage, valued at approximately $267 million, with an entry price of $109,228 and a liquidation price of $104,202.