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Crypto Trader James Wynn Loses $99M in Bitcoin Bets, This Counter Trader Wins

Crypto trader James Wynn, who’s been in the news for his high-leverage bets, has lost a staggering $99 million in the past two days with his Bitcoin bets falling flat on his face. With BTC price taking a dip under $105K, Wynn was forced to close all his positions, leading to huge liquidations. On the other hand, a smart crypto trader, betting against Wynn, managed to mint $17 million in the same time. How Did James Wynn Lose $99 Million in Bitcoin Bets? Crypto trader Wynn gained popularity in the crypto circle while taking his profits from just $500K capital to a massive $87 million in just two months, through his high-leverage bets on PEPE, TRUMP, and FARTCOIN. However, he continued with the same huge leverage bets on BTC, putting all the profits at stake, and losing a massive $99 million in just a week’s time. James Wynn Bitcoin Liquidation… Read More at Coingape.com

The post Crypto Trader James Wynn Loses $99M in Bitcoin Bets, This Counter Trader Wins appeared first on CoinGape.

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