📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
James Wynn Increases BTC Stake to $790M, Eyes $110K Zone
James Wynn raised his BTC long to 7,227 BTC worth $790 million.
His liquidation level sits dangerously close at $107,580.
This move followed a $60 million loss over one volatile trading week.
James Wynn just raised the stakes in a big way. The high-leverage trader pushed his Bitcoin — BTC, long position to a jaw-dropping $790 million, eyeing a target near $110,000. This bold move came after a turbulent week where Wynn endured a massive $60 million drawdown. Yet despite the setback, he’s doubling down, showing the same fearless risk appetite that made him a legend among degens and serious traders alike.
Wynn’s High-Stakes Game Takes a Hit
The drama began on May 19. Wynn opened a 40x long on 5,520 BTC at $103,302. His liquidation level stood close—just under $98,300. That aggressive entry set the tone for a wild week. The very next day, he expanded the position to 7,764 BTC. His entry moved up to $105,033, and the new liquidation sat at $100,330. Every tick against him brought him closer to a forced exit. On May 21, Wynn pushed even harder. He increased exposure to 9,371 BTC, pushing the value beyond $1 billion.
Unrealized gains touched $10.7 million. Later that day, he cashed out 2,139 BTC, locking in nearly $12 million in profit. That left 5,203 BTC still live—worth over $550 million. Wynn wasn’t done. On May 22, he entered another long of 10,200 BTC at $108,065. Bitcoin touched $111,900, and paper profits soared to $39 million. But fortune didn’t favor him for long. A 4% market dip on May 23, triggered by Trump’s EU tariff news, crushed momentum. Prices dropped to $106,700.
What’s Next for Wynn?
Wynn raised his BTC long to 11,588 BTC at $108,243. His liquidation price fell to a dangerous $105,180. That bold move backfired. On May 25, he exited at $107,746, realizing a $13.39 million loss. By then, Wynn had shifted gears. He opened a massive short of 7,967 BTC, valued at $856 million. The market didn’t favor him this time either.
He closed over $1 billion in shorts by May 26. The damage? A $15.87 million loss in 15 hours. Add $5.3 million in Ethereum and other losses, and the total drawdown hit $60 million in one week. Wynn admitted the blow but stayed unfazed. In a post on May 26, he confirmed his account still held $25 million in profit. He started with just $3–4 million.
At one point, his profits peaked at $87 million. Now, he’s back in the ring, placing another colossal bet. His new long position? 7,227 BTC at $110,084, worth $790 million. Liquidation stands tight at $107,580. One wrong move, and the loss could be brutal. One right move, and he rides the wave to legendary status again.