Latest news with #Wynn
Yahoo
3 hours ago
- Entertainment
- Yahoo
Wakeboarding Golden Retriever Shows Why She Is the Absolute Water Sports Master
Wakeboarding Golden Retriever Shows Why She Is the Absolute Water Sports Master originally appeared on PetHelpful. Golden Retrievers, being a very playful dog breed, love to engage in a variety of activities. But while many Golden Retrievers enjoy classic canine activities such as playing fetch or having precious zoomie outbursts, some enjoy more unique activities. Take the Golden Retriever in this video, for instance. This precious girl goes by the name of Wynn the Golden, and she loves to get out on the water to enjoy wakeboarding. And as this video shows, she's pretty darn good at it, too! At the start of this video, Wynn the Golden is just out there on her board in the middle of the water in need of a tow. Thankfully, some nearby humans are able to toss him a rope and pull him along. At first, Wynn takes it easy. She just lies down on her board and enjoys the ride as she cruises through the water. But then things pick up a little bit, and she decides to stand up on all fours and take the waves as they is where you can really see how much fun she is having. Her mouth is open, her tongue is hanging out, and her tail is wagging in excitement. Yes, this good boy is having a grand old time out on the water! If there is any doubt about how much Wynn loves wakeboarding, this video should put it to rest. In this video, her humans are telling her that it's time to wrap it up. Wynn has been on the board for a while, and it is time for other people to get a turn. However, Wynn is not happy to hear this. She looks visibly defeated as her board slows down, and she senses that her wakeboarding session is coming to a close. But don't worry, you can hear his humans in the background telling her that she will get to go wakeboarding again tomorrow. Looking for more PetHelpful updates? Follow us on YouTube for more entertaining videos. Or, share your own adorable pet by submitting a video, and sign up for our newsletter for the latest pet updates and tips. Wakeboarding Golden Retriever Shows Why She Is the Absolute Water Sports Master first appeared on PetHelpful on May 29, 2025 This story was originally reported by PetHelpful on May 29, 2025, where it first appeared.
Yahoo
a day ago
- Business
- Yahoo
Bitcoin Bull James Wynn Close to Total Liquidation as Losses Near $100M
James Wynn, the Hyperliquid trader who had at one time a billion-dollar notional position, has become an outsized victim of bitcoin's BTC cooling sentiment. Wynn's current highly leveraged BTC position, which he appears to be struggling to maintain, spiralled into a loss of nearly $100 million over the last week. Data from Hyperdash shows that Wynn's margin usage is nearing 100%, which would result in a total liquidation of his position, though Wynn recently made a deposit of $376,000 to bolster his defenses. The trader, known for making aggressive bets under the pseudonym "moonpig," currently holds a long position of approximately 1,690 BTC, valued at roughly $178.78 million. On-chain data shows that Wynn's 40x leveraged BTC bets now carry an unrealized loss of approximately $3.5 million, representing a negative return of 77%. But with BTC trading near $106,000, just slightly above Wynn's liquidation price of around $104,607, any further decline in the asset's price could trigger automatic forced sales.
Yahoo
a day ago
- Business
- Yahoo
James Wynn Goes Long on PEPE Hours After Losing $100M on Leveraged Bitcoin Bet
'James Wynn,' the closely-watched trader, has now placed a $12 million worth of long bet on PEPE just hours after losing over $100 million in bitcoin BTC long positions. Wynn, known for placing billion-dollar bets on the onchain trading platform Hyperliquid, opened a new 10x leveraged long worth more than $12 million on the memecoin PEPE, Hyperdash data shows. Wynn now holds 934 million PEPE tokens valued at approximately $12.1 million. His entry price of $0.0129 has already netted him an unrealized gain of 10.66%—a small but notable pivot after last week's disastrous Bitcoin trade. Wynn's bitcoin losses are the stuff of crypto legend. Earlier in the week, he had built a record-setting $1.25 billion notional long position at an average price of $108,243, only to see it collapse as bitcoin's dipped below $105,000 after U.S. President Donald Trump's tariff announcement on EU exports. Multiple liquidations — including a 527 BTC position worth over $55 million and a 421 BTC position worth nearly $44 million — wiped out more than $100 million of Wynn's holdings over the past days. As such, the latest move into PEPE has got traders wondering if Wynn is a real person with a gambling addiction — or an account funded to drum up attention to Hyperliquid. Either way, the money is real and the week-long saga has proven Hyperliquid's capability to handle billions of dollars in a single trader wholly using smart contracts and its native blockchain. The hype has turned out real for Hyperliquid's own HYPE, with the token up 20% in the past two weeks amid the recent attention to the platform.
Arabian Post
a day ago
- Business
- Arabian Post
Trader's $100M Bitcoin Bet Crumbles Amid Market Slide
James Wynn, a prominent figure in the cryptocurrency trading community, has suffered a staggering loss of approximately $99.3 million following the liquidation of his leveraged Bitcoin positions on the Hyperliquid platform. The liquidation was triggered as Bitcoin's price fell below the critical $105,000 threshold, leading to the forced closure of Wynn's positions totaling 949 BTC. The sequence of events unfolded rapidly. On May 29, Wynn's position of 94 BTC, valued at around $10 million, was liquidated when Bitcoin's price dipped to $106,330. The following day, two larger positions were closed: one comprising 527.29 BTC at $104,950, and another of 421.8 BTC at $104,150, amounting to losses of $55.3 million and $43.9 million respectively. These liquidations collectively accounted for the 949 BTC loss, as confirmed by on-chain analytics platforms. Wynn's aggressive trading strategy involved a 40x leveraged long position, a high-risk approach that amplifies both potential gains and losses. He had reportedly increased his leveraged position to $1.25 billion on May 24, banking on a bullish trajectory for Bitcoin. However, the market's downturn, influenced by macroeconomic factors including discussions on tariffs by the US administration, led to a sharp decline in Bitcoin's value, undermining Wynn's position. ADVERTISEMENT Despite the significant losses, Wynn continues to hold a substantial position in the market. He currently maintains a 40x leveraged long position in a perpetual contract, which was initiated when Bitcoin was priced at $107,993. This position is presently at an unrealized loss of approximately $3.4 million, with the liquidation price hovering around $104,607. Wynn's margin usage is nearing 100%, indicating a precarious situation where any further decline in Bitcoin's price could trigger additional liquidations. The incident has sparked discussions within the trading community about the risks associated with high-leverage trading strategies. While such approaches can yield substantial profits, they also expose traders to significant losses, particularly in volatile markets. Wynn's experience serves as a cautionary tale, highlighting the importance of risk management and the potential consequences of aggressive trading tactics. In a related development, another trader reportedly capitalized on Wynn's misfortune by adopting a contrarian strategy—shorting when Wynn went long and vice versa—resulting in a profit of $17 million. This underscores the zero-sum nature of leveraged trading, where one trader's loss can translate into another's gain. The broader cryptocurrency market has also felt the impact of the downturn. Within an hour of Bitcoin's price dropping below $105,000, approximately $345 million was liquidated from the market, reflecting the high volatility and the cascading effect of large-scale liquidations. Analysts note that such events can lead to heightened caution among traders, elevated funding rates, and potential ripple effects on Bitcoin's price action and overall market sentiment.
Yahoo
3 days ago
- Business
- Yahoo
James Wynn loses $55M after high-leverage bet
Hyperliquid's most well-known whale, self-described "high-risk leverage trader" James Wynn, is experiencing a massive loss after abandoning his substantial Bitcoin exposure following a harsh seven-day drawdown, according to data. At 16:00 UTC on Tuesday, Wynn closed parts of a 40× leveraged long position, leaving a $200 million BTC-perp position with an unrealized loss of approximately $800,000. Between May 5 and May 23, Wynn's cumulative profit skyrocketed from $5.7 million to $87 million, before plummeting to $1.91 million today—a $55.3 million swing over one week. Wynn shot to fame in March when he started streaming his Hyperliquid trades, making $46.5 million in under 2 months, and paying the exchange over $2.3 million in fees. His biggest winners, according to Tiger Brokers, were a PEPE long worth $25.2 million and a BTC long worth $16.9 million. The tides turned on May 25 when he saw $15.9 million of loss from a liquidated $1 billion BTC short, which was followed by a liquidation of a $1.25 billion long position that was closed at a $13.4 million loss, and a bloodletting in terms of red ink across ETH, SUI, the 10× PEPE punt as well. In addition to his major successes and failures, Wynn is accused of also pushing smaller meme coins like ELON, WYNN, and MOONPIG, and selling them once they spiked. This is called "pump-and-dump," but Wynn says that he is simply an investor. Critics argue that the chain of events underscores the risks associated with copy-trading social media personalities. At the same time, supporters believe Wynn's radical transparency is refreshing in a world dominated by shadowy whale investors. James Wynn loses $55M after high-leverage bet first appeared on TheStreet on May 28, 2025 Sign in to access your portfolio
