Cryptocurrency trader James Wynn lost 100 million dollars, saying he 'get carried away'.

James Wynn, a famous anonymous cryptocurrency trader, shocked the community with a stunning confession that he lost 100 million dollars in just a few days after a series of high-risk trades on Hyperliquid. Wynn is famous for turning small bets on meme coins into millions of dollars, especially after turning $7,000 in PEPE into over $25 million. However, his recent experience with leveraged trading on Hyperliquid ended in disaster.

In a heartfelt post on X, Wynn revealed that he started trading perpetual futures in March with no prior experience. "I had never really traded before, just played around with meme coins," he said. Despite this, Wynn managed to turn his $3 million into $100 million using multiple levers on Hyperliquid. He became famous very quickly, but his career ended just as quickly. He said the reputation and attention he received online made him take more risks. "I have become greedy. I didn't take the numbers seriously," Wynn wrote. By mid-May, he had taken a long position in Bitcoin worth $1.25 billion, using leverage of up to 40 times on Hyperliquid. But when Donald Trump tweeted a threat to impose tariffs on the EU, the market reversed and Bitcoin fell below Wynn's liquidation level. His entire position was wiped out. The story of Wynn has sparked much discussion about him online. While some view him as a trading legend, others see him as a cautionary tale of what not to do. Due to his openness, he has become a notable figure, but also a warning about the risks associated with cryptocurrency trading. James Wynn's story on Hyperliquid teaches that in cryptocurrency, everything can go very well or very badly in an instant.