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Trader lost $47M in a week

Trader lost $47M in a week

A trader using the pseudonym James Wynn became the center of attention last week after publicly disclosing his billion-dollar trading positions and liquidation levels

 

Last week, Wynn made headlines because of an open $1.2B long position in BTC, which briefly grew his account to a record $87M in profits. However, after a series of losing trades, Wynn lost $47M over the past week

 

At one point, Wynn even tried to give up his risky trading style, saying: "I've now decided to leave the casino with a $25M profit. It was fun, but now it's time for me to leave a winner." However, just five hours later, Wynn was spotted in the order books with a 10x leveraged PEPE position worth $20M...

 

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