James Wynn Faces Massive Losses
According to the latest data from blockchain analytics firm Lookonchain, on January 7, renowned investor James Wynn experienced 12 consecutive liquidations within 24 hours, resulting in a total loss of over $540,000.
Currently, his portfolio includes:
- An ETH long position worth $3.3 million, opened at $3,252.31, with a liquidation price of $3,115.69;
- A PEPE long position worth $1.3 million, opened at $0.006217, with a liquidation price of $0.006327.
This dramatic market movement not only hit James Wynn hard but also serves as a reminder of the risks associated with high-leverage trading.