The post Trader James Wynn Breaks Silence on Losing $100M Fortune appeared on BitcoinEthereumNews.com.

James Wynn turned $3 million into $100 million trading crypto perps on Hyperliquid, then lost it within a week. He blamed greed and public pressure, admitting his trades became emotional and reckless. Despite the loss, Wynn continues promoting trading platforms and meme coins. James Wynn, a high-profile crypto trader recently liquidated for over $16 million on Hyperliquid, has broken his silence with a tweet about his dramatic rise and fall in the high-stakes world of crypto trading. In an introspective account, Wynn described how he turned $3 million into $100 million in just one month, only to lose it all within a week. His story has ignited discussion about the dangers of leveraged trading and the intense psychological toll of having your trades watched by the public. Wynn: From PEPE Fame to High-Leverage Bitcoin Bets Before his recent notoriety, Wynn was mostly known in niche crypto circles for calling the PEPE meme coin early, reportedly netting eight figures. His trading experience was largely limited to speculative meme coin bets. Until March, his approach lacked the structure or discipline of traditional trading. Related: Crypto Trader James Wynn’s $100M Peak Fortune Decimated in “$25M+ Matrix Attack” “I Got Greedy” That changed when he entered the world of perpetual futures (perps), focusing on Bitcoin. Despite having no prior experience with leverage, Wynn began trading on Hyperliquid. In a nearly unbelievable streak, he turned $3 million into $100 million in less than a month. As his on-chain wallet activity became public, his following ballooned into the hundreds of thousands. His gains and losses trades were viewable in real time, creating a feedback loop of visibility and performance pressure. According to Wynn, the mounting attention led to increasingly reckless decisions. With a massive audience watching his every move, he admitted feeling a crushing need to…

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Filed under: News - @ June 6, 2025 2:29 pm