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Trader James Wynn liquidated from Bitcoin shorts, losing nearly all $100M portfolio amid rising BTC prices.

Market News
06 Apr 2026
Zycrypto
View Source
Bearish
pluang ai news

James Wynn, a well-known crypto trader famous for his PEPE memecoin gains, has been fully liquidated on his short Bitcoin positions. His portfolio, once valued near $100 million, has dwindled to under $1,000 after betting on a Bitcoin crash that never came. Wynn anticipated a Middle East conflict would push Bitcoin prices down, but BTC rose to around $69,000 instead, wiping out his shorts. This event highlights the high risks of leveraged crypto trading and serves as a cautionary tale for investors about the dangers of aggressive short positions.

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