Whale James Wynn Loses $99M in Bitcoin Crash

Crypto whale James Wynn was liquidated for 949 BTC as Bitcoin dipped under $105K, losing over $99 million in a week.

Photo of Aurelien Sage Aurelien Sage Follow on X Send an email May 30, 2025 - 10:30 AM
21 1 minute read
Bitcoin whale liquidation after price dip below $105K
People
  • James Wynn lost 949 BTC worth $99.3M after price drop
  • Bitcoin fell below $105K, triggering massive liquidation
  • Market volatility highlights risks of high-leverage trading

In a dramatic turn of events, crypto whale James Wynn has reportedly lost 949 BTC—worth around $99.3 million—after Bitcoin’s price slipped below the $105,000 mark. The massive liquidation marks one of the most significant individual losses in recent weeks, shedding light on the volatility of leveraged crypto trading.

This liquidation occurred as Bitcoin faced a sharp price decline, plunging below critical support levels. Wynn’s position, likely taken on high leverage, could not withstand the downturn, resulting in a forced sell-off of his holdings. The loss, totaling more than $99 million, happened in just one week.

Bitcoin Volatility Strikes Again

Bitcoin’s recent dip serves as a stark reminder of how quickly the crypto market can shift. Investors had grown optimistic after Bitcoin crossed $110,000 earlier this month, but the rally was short-lived. Market pressure, possible profit-taking, and external economic factors triggered the price correction.

High-leverage trading—common among crypto whales like Wynn—amplifies both gains and losses. In this case, it led to one of the most high-profile liquidations in recent memory.

Lessons for the Crypto Community

The incident has sparked discussions across the crypto space about risk management, especially in times of extreme price movement. While large holdings offer potential for immense profit, they also come with equally massive risk, especially when paired with leverage.

Wynn’s $99 million loss underscores the need for caution, even among seasoned investors. The crypto market continues to evolve, but the fundamentals of risk management remain crucial for everyone—from retail traders to whales.

Read Also :

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
Tags
Photo of Aurelien Sage Aurelien Sage Follow on X Send an email May 30, 2025 - 10:30 AM
21 1 minute read
Photo of Aurelien Sage

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

Related Articles

Meme Coin Presale Opportunity, Arctic Pablo Crypto Presale, Buy Meme Coins Early, Best New Meme Coin 2025, Top Crypto Presales This Week, Crypto ROI Meme Coins, Viral Meme Coins To Watch, Arctic Pablo Investment Returns, Arctic Pablo Coin Price, Meme Coin News Today

Top New Meme Coin to Invest in Now? Arctic Pablo at $0.00023 is a Crypto Blizzard of Riches, while Neiro and Floki Inu Spark Momentum

May 31, 2025 - 3:15 PM
As the crypto market shifts into full bull mode, attention is turning toward presale tokens that offer early access to high-upside plays. Nexchain, BTC BULL, and Mind of PEPE are emerging as projects catching serious momentum in this cycle. With utility, timing, and community interest aligning, they’re on track to ride the wave of renewed investor appetite in what could be the most explosive bull market in years. Nexchain: Real Utility in the AI Blockchain Era Nexchain is increasingly viewed as one of the most utility-driven crypto presales in 2025. Its architecture is built around Smart Contracts 2.0 and Same-Time Processing, enabling high-speed, AI-enhanced dApps. This allows Nexchain to support use cases ranging from DeFi automation to data analytics and digital governance. The chain is cross-compatible with Ethereum, BNB Chain, Solana, and Polygon, using native bridges that streamline interoperability. Nexchain's reward mechanism sets It apart. Holders receive 10% of all network gas fees daily as long as tokens are kept in a non-custodial wallet. This aligns user incentives with network growth. The current presale is in Stage 16, with NEX priced at $0.062 and more than $3.4 million in USDT raised. As one of the few presale tokens offering real infrastructure, passive rewards, and a Certik-audited ecosystem, Nexchain is being positioned by many in the space as a top contender in the next-gen Layer-1 category. Nexchain Eyes 517% Upside as Listings Approach Nexchain’s presale pricing is turning heads. At $0.062 in Stage 16 and a target listing price of $0.30, the token represents a potential 517% return for early buyers. This isn’t based on hype—it’s supported by the chain’s working testnet, growing development activity, and a presale structure that rewards early adoption. With listings on major exchanges expected after the final stage, momentum is building around what could be a breakout launch. Nexchain’s mix of AI-backed infrastructure and passive income mechanics continues to drive investor confidence. BTC BULL Gathers Steam With Bitcoin-Tied Mechanics BTC BULL is gaining attention fast for its alignment with Bitcoin’s bullish narrative. Its dual-reward structure—combining token-holding incentives with milestone-based rewards tied to BTC price surges—is resonating with retail traders. As Bitcoin eyes new all-time highs, this token is getting traction for mirroring its momentum. BTC BULL’s appeal is psychological as much as financial, tapping into the same retail behavior that drove meme coin waves and airdrop hype. As market liquidity returns, its position as a BTC proxy play could offer amplified upside during key market events. Mind of PEPE Surges on Renewed Meme Coin Momentum Mind of PEPE is pushing back into the spotlight as the meme coin sector sees fresh life. The token has gained 52% over the last month and is up 2% this week alone. While the meme market remains volatile, PEPE has captured attention with its community strength and cult-like branding. It’s not just price movement—it’s becoming a sentiment gauge. As broader market momentum returns, tokens like PEPE often lead early waves of retail capital flow. The challenge will be sustaining that narrative with evolving utility or on-chain engagement. Why Nexchain Looks Like 2025’s Best Crypto Presale to Buy While BTC BULL and PEPE play to emotion and timing, Nexchain is quietly building a real ecosystem with functionality. Its presale performance—over $3.4 million raised and a growing user base—isn’t just luck. The project offers speed, scalability, interoperability, and gas fee rewards, all while maintaining transparency and Certik-verified code. With the price still at $0.062, Nexchain provides a rare opportunity to enter early into a platform aiming to power the next generation of Web3 apps. In a crowded field of hype, this one brings substance.

Best Crypto Pre-sales Right Now: 3 Projects Set to Explode This Bull Market

May 31, 2025 - 2:30 PM
Has Bitcoin Dominance Peaked This Cycle?

Has Bitcoin Dominance Peaked This Cycle?

May 31, 2025 - 2:30 PM
Best Crypto to Invest in May 2025 Qubetics ($TICS) Presale Avalanche Blockchain News Filecoin Updates 2025 QubeQode Explained Blockchain for Developers Crypto Presale Projects 2025 Web3 Storage Solutions Smart Contract Development Tools Avalanche Filecoin Integration

Bergen County’s $240B Blockchain Initiative Puts Spotlight on Avalanche, Qubetics, and Filecoin as Top Crypto Investments for May 2025

May 31, 2025 - 2:15 PM
Back to top button