Search results for James Wynn
Crypto
Shiba Inu peak investors see 95 percent of funds wiped out
An investor who bought Shiba Inu at its 2021 peak of $0.00008854 would see a $10,000 position shrink to about $469 at the current price of $0.00000416, a loss of more than 95 percent. The token is down 90.8 percent from its March 2024 high and 87.5 percent from its December 2024 peak. Analysts are split on rebound prospects, while skeptics cite heavy supply and the need for sustained demand.
Crypto
BTC short liquidation brings another loss, balance plunges from 30 billion won to 1.35 million won
Trader James Wynn (제임스 윈) was liquidated after taking a bitcoin short position on decentralised exchange Hyperliquid, leaving his account balance at about $900, or roughly 1.35 million won. On-chain data showed losses of $20 million, and Arkham Intelligence said he once held $100 million. Lookonchain said he was liquidated six times in the past two weeks. Bitcoin rose about 3 percent in 24 hours, amid a derivatives-driven short squeeze.
Crypto
Machi Big Brother trader Jeffrey Huang loses $75 million in six months after leverage bets
Taiwanese American entrepreneur Jeffrey Huang, known as Machi Big Brother, drew attention in crypto markets after once posting a $44.8 million profit on Hyperliquid, a decentralised perpetual swaps exchange. He later suffered 335 liquidations and lost $75 million over six months, leaving about $30,000 in his account. Tracking data showed he then deposited another $500,000 and bought $11.5 million of ether. The case has renewed warnings about risks from high-leverage trading.