James Wynn went bankrupt trading cryptocurrencies during a downturn

The scandal-ridden trader James Wynn went bankrupt while trading cryptocurrencies during a bearish trend.

Wynn became famous after making a huge profit in the memecoin Pepe (PEPE) market. He managed to turn $7,000 into $25 million by buying the tokens at the right time. However, things are going far less well for the digital asset trader when it comes to bitcoin.

The editorial team of Happy Coin News learned that over the past 48 hours, nine of James’s positions were liquidated on the Hyperliquid futures trading exchange, and his crypto wallet now holds digital assets worth only $725.

Wynn’s cryptocurrency holdings

This week, downward movement resumed in the BTC market, contrary to the forecasts of some experts. Apparently, James bet on a rise in the bitcoin price and miscalculated. As a result of insufficient funding, the trader’s positions were closed, and he incurred losses.

James has remained silent about his failures. However, Wynn recently reposted his own message in which he predicted the start of a bearish trend in the BTC market in August 2025. The cryptocurrency trader missed the timing by two months, and the coin began to decline in October. Therefore, judging by the chart he published, the downward trend will persist at least until summer.

Market cycle psychology

See also: "XRP holders should watch three important factors"

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