Global Stock News

After 200+ Crypto Liquidations, James Wynn Tries TradFi and Falls Flat

After 200+ Crypto Liquidations, James Wynn Tries TradFi and Falls Flat

James Wynn liquidations extend from crypto to S&P 500 perpetual futures. Photo by BeInCrypto
James Wynn liquidations extend from crypto to S&P 500 perpetual futures. Photo by BeInCrypto

James Wynn has been liquidated twice in 24 hours for $982,000, this time shorting S&P 500 perpetual futures. The losses push his career tally past 200 liquidations.

On-chain intelligence firm Arkham flagged the losses on July 1. Another 0.35% rise in the index would end his remaining position.

From Crypto Blowups to S&P 500 Shorts

Wynn has not left Hyperliquid. Instead, his shift into traditional finance (TradFi) swaps Bitcoin (BTC) and meme coin bets for leveraged index perpetuals on the same exchange.

“JAMES WYNN LIQUIDATED FOR $1M IN TRADFI. James Wynn appears to have moved on from trading…

Source link

Share this article

Scroll to Top