$4.8M Gone in 24 Hours 🚨

[cryptohog]

Pseudonymous high-leverage trader James Wynn was liquidated for $4.8M on Wednesday, per Lookonchain.

Collateral: $197K in stablecoins

Positions:
• 40x BTC long – $3.85M (34 BTC at $111,388)
• 10x kPEPE long – $917K (122M tokens)
• 10x HYPE long – $28K (712 tokens)

Current balance: $63,133

“It seems every time Wynn returns… it doesn’t take long before he gets wiped out,” Lookonchain noted.

[Nahid10]

Massive losses like this remind everyone how brutal the crypto markets can be.

[EmTeam]

Risk management isn’t optional — even one bad day can erase months of gains.