---
title: "James Wynn takes $5.3m loss, bets $1.2b on Bitcoin lifeline"
url: https://diffcoin.com/james-wynn-takes-5-3m-loss-bets-1-2b-on-bitcoin-lifeline/
description: "trader James Wynn has liquidated his long positions with Ethereum and Sui at a loss of approximately $5.3 million as market conditions reversed"
published: 2025-05-25
updated: 2025-05-25
author: "Mila"
site: "Diffcoin"
---

# James Wynn takes $5.3m loss, bets $1.2b on Bitcoin lifeline

Prominent cryptocurrency trader James Wynn has liquidated his long positions with Ethereum and Sui at a loss of approximately $5.3 million as market conditions reversed.

The high-profile investor subsequently increased his Bitcoin (BTC) exposure, which currently stands at 11,070 BTC, worth roughly $1.19 billion.

According to blockchain analytics platform Lookonchain, Wynn’s aggressive position sizing has resulted in unrealized losses exceeding $20 million, including funding costs. The massive Bitcoin position faces liquidation risk at $104,820.

> As the market dropped, top trader [@JamesWynnReal](https://twitter.com/JamesWynnReal?ref_src=twsrc%5Etfw) closed his long positions on [$ETH](https://twitter.com/search?q=%24ETH&src=ctag&ref_src=twsrc%5Etfw) and [$SUI](https://twitter.com/search?q=%24SUI&src=ctag&ref_src=twsrc%5Etfw), losing ~$5.3M.
> 
> He then doubled down on [$BTC](https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw) longs, pushing his position to 11,070 [$BTC](https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw)($1.19B) — now down over $20M including funding fees.
> 
> His liquidation price is $104,820.… [pic.twitter.com/HS2NyUtH2J](https://t.co/HS2NyUtH2J)
> 
> — Lookonchain (@lookonchain) [May 24, 2025](https://twitter.com/lookonchain/status/1926085824359104549?ref_src=twsrc%5Etfw)

### Major Bitcoin support zone identified at $107-108k

Cryptocurrency analyst CrediBULL Crypto has highlighted a crucial support zone between $107,000-$108,000 that could decide the fate of Wynn’s billion-dollar position.

The analyst emphasized that maintaining this price range is essential for preventing a liquidation that could pressure Bitcoin toward the $105,000 level.

> An update on everyone’s favorite whale and my thoughts on LTF [$BTC](https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw) PA to go with it:
> 
> After taking partial profits Mr. Wynn re-opened the position higher up and added on even more size.
> 
> Position is now at 1.2B with a liq price of 105k.
> 
> Taking a look at the [$BTC](https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw) chart:
> 
> The… [pic.twitter.com/AmRvh1gg8g](https://t.co/AmRvh1gg8g)
> 
> — CrediBULL Crypto (@CredibleCrypto) [May 24, 2025](https://twitter.com/CredibleCrypto/status/1926357047324389719?ref_src=twsrc%5Etfw)

“The green zone at 107-108k must hold for the 1.2B position to avoid liquidation,” the analyst noted. A successful defense of the $107,000-$108,000 range might allow another attempt at new all-time highs. However, the analyst mentioned that a breakdown could result in forced selling pressure.

The trading activity is a major change in Wynn’s portfolio allocation following his recent success with Pepe (PEPE) trades. Earlier this week, the trader closed all his PEPE long positions for a total profit of $25.19 million.

However, as the market reversed after Bitcoin hit a new all-time high, his Ethereum (ETH) and Sui (SUI) long positions couldn’t be sustained.

[Source link](https://crypto.news/james-wynn-analyst-potential-bitcoin-long-liquidation/)