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Famous trader James Wynn has encountered consecutive liquidations, and his account balance has shrunk significantly.
According to Gate News bot, the on-chain data monitoring platform lookonchain reported that on July 2, large-scale crypto assets trader James Wynn experienced four consecutive liquidations of his Bitcoin long positions on the derivatives trading platform Hyperliquid.
This series of liquidation events has caused James Wynn's account balance to plummet to only $10,600. This outcome highlights the high volatility of the crypto assets market and the potential risks of leveraged trading.