Bitcoin Whale In Stormy Waters, Down $55 Million From All-Time High In 4 Days

Crypto trader James Wynn, a prominent whale on the Hyperliquid HYPE/USD exchange, experienced a staggering $80 million swing in his Bitcoin BTC/USD long position within hours on Tuesday, as BTC plummeted below $108,300, according to on-chain analytics firm Lookonchain.

The Hyperliquid dashboard reveals Wynn's position, valued at $558.3 million, surged to an unrealized profit of $2.3 million before crashing to a $14.3 million loss after trimming his longs, highlighting the volatile nature of leveraged crypto trading.

The Hyperliquid dashboard, captured at 6:19 PM BST on May 27, 2025, shows Wynn's BTC long position at $558,328,995.76, comprising 5,063.69 BTC at 40x leverage.

Initially entered at $109,807.10, the position saw BTC's price climb to $110,223.00, yielding an unrealized profit of $2,308,467.32—a 16.54% return on equity (ROE).

However, as BTC dropped to $107,978.90, the position swung into a $14.3 million loss, per Lookonchain's X post.

"Just now, $BTC dropped below $108,300 — once again targeting James Wynn's position," Lookonchain reported, noting Wynn closed part of his long, incurring a $4.75 million loss in that transaction alone, contributing to the day's total deficit.

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Wynn's total account value on Hyperliquid stood at $18,405,566.93, with a perpetual futures equity of $18,405,335.36 and a spot balance of $223,157.0148.

His margin usage was at 75.84%, with $13,955,174.89 committed and $256,110.92 in funding costs.

The dashboard's position distribution graph illustrates the rapid swing, peaking at a $5 million profit around 10:00 AM before plunging to a $15 million loss by 18:00 PM.

Wynn pushed back against Lookonchain's reporting, claiming misrepresentation.

"What you're saying, incorrect information like this is opening you up to a lawsuit, making fake claims like this that are not true," he posted on X, accusing the firm of recent inaccuracies.

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