{"id":26304,"date":"2025-08-20T19:00:05","date_gmt":"2025-08-20T16:00:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26304"},"modified":"2025-08-22T17:47:25","modified_gmt":"2025-08-22T14:47:25","slug":"ethereum-traders-face-losses-as-james-wynn-cuts-expenses","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-traders-face-losses-as-james-wynn-cuts-expenses\/","title":{"rendered":"Ethereum Traders Face Losses as James Wynn Cuts Expenses"},"content":{"rendered":"<p>The decline in Ethereum&#8217;s price from August 19 to 20 to around $4,000 resulted in significant liquidations of long positions for several traders, as noted by analysts at Lookonchain.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">This legendary trader went long on <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> again but was liquidated in the market crash, losing $6.22M.<\/p>\n<p>Starting with just $125K, he grew his accounts to $6.99M(peaking $43M+). <\/p>\n<p>Now only $771K remains\u20144 months of gains nearly wiped out in just 2 days.<a href=\"https:\/\/t.co\/aHuSEEQVhx\">https:\/\/t.co\/aHuSEEQVhx<\/a> <a href=\"https:\/\/t.co\/byQrsQGnOs\">pic.twitter.com\/byQrsQGnOs<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1957966462959956319?ref_src=twsrc%5Etfw\">August 20, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>One affected user turned an initial investment of $125,000 <a href=\"https:\/\/u1f987.com\/en\/news\/trader-turns-125000-into-43m-on-ethereum\">into over $43 million at its peak<\/a> over four months, and recorded nearly $7 million in profits on August 18. However, due to the market crash, his long position on the Hyperliquid exchange was liquidated, resulting in losses of $6.22 million.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXf2TIPb_Ding3IMyjJblTf2uLcpQnQrAKKSjQtdcUSO0m1TQ2BpGUL2uWG0x-HmrTmNhf9LJ4KqWUkdcp3QWaCYRoJw0fbuzVc82VxTtzEzTnLqSNzvnaRO0B2Qfi65CqSJ6b3_kA?key=Q0q2POXx8wDI07Zb1qUOqw\" alt=\"Ethereum Traders Face Losses as James Wynn Cuts Expenses\"\/><figcaption class=\"wp-element-caption\">One of the trader&#8217;s wallets. Source: <a href=\"https:\/\/hyperdash.info\/trader\/0x5f72f33fb4e80d3c01c8ca91d4e56e09e49eda67\">Hyperdash<\/a>.<\/figcaption><\/figure>\n<p>At the time of the tweet, only $771,000 remained in his account\u2014four months of growth erased in just two days.<\/p>\n<p>The long Ethereum position of well-known trader <a href=\"https:\/\/u1f987.com\/en\/news\/rise-of-a-neo%e2%80%91grifter-who-is-james-wynn-and-what-andrew-tate-has-to-do-with-it\">James Wynn<\/a> with leverage was also partially liquidated. He retained one long worth $300,000, valid until Ethereum&#8217;s price falls below $4,113.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">In just 10 hours, James Wynn(<a href=\"https:\/\/twitter.com\/JamesWynnReal?ref_src=twsrc%5Etfw\">@JamesWynnReal<\/a>)&#8217;s <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> long was partially liquidated, leaving him with a long position of 71.6 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($300K). <\/p>\n<p>New liquidation price: $4,113.1<a href=\"https:\/\/t.co\/g1Ii9Md7Zs\">https:\/\/t.co\/g1Ii9Md7Zs<\/a> <a href=\"https:\/\/t.co\/AvgpRhJ15W\">pic.twitter.com\/AvgpRhJ15W<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1957872692562112785?ref_src=twsrc%5Etfw\">August 19, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Wynn <a href=\"https:\/\/x.com\/JamesWynnReal\/status\/1957994537131131205\">wrote<\/a> on X that he had invested all his stablecoins, and if the altcoin season does not occur, he and his wife would have to &#8220;drastically cut&#8221; living expenses.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Full disclosure. This is an IMPORTANT MESSAGE.\ud83d\udea8<\/p>\n<p>I&#8217;m all-in, excluding IRL assets, offshore trusts etc..<\/p>\n<p>I have ZERO stables left to buy the dip, ZERO in the bank. (fk the banks) I have told the wife\u2026<\/p>\n<p>IF, BIG *IF* i&#8217;am wrong on this, and alt season doesn&#8217;t happen then we\u2026<\/p>\n<p>\u2014 James Wynn (@JamesWynnReal) <a href=\"https:\/\/twitter.com\/JamesWynnReal\/status\/1957994537131131205?ref_src=twsrc%5Etfw\">August 20, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Lookonchain, panic led three major Ethereum holders to sell assets totaling $147 million.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Whales are panic-selling <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> as the market plummets!<\/p>\n<p>0x1D8d deposited 17,972 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($77.4M) to <a href=\"https:\/\/twitter.com\/hashtag\/Coinbase?src=hash&#038;ref_src=twsrc%5Etfw\">#Coinbase<\/a> an hour ago.<\/p>\n<p>0x5A8E deposited 13,521 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($57.72M) to <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> in the past 12 minutes.<\/p>\n<p>0x3684 deposited 3,003 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($12.89M) to <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> 20 minutes ago.\u2026 <a href=\"https:\/\/t.co\/oxKPQsl9Nv\">pic.twitter.com\/oxKPQsl9Nv<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1957819547752493389?ref_src=twsrc%5Etfw\">August 19, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>However, other traders remained more composed. One such user <a href=\"https:\/\/etherscan.io\/address\/0x15b325660a1C4a9582a7d834C31119C0CB9e3A42\">earned<\/a> over $48 million in the past four months by opening long positions on 15 tokens on the Hyperliquid exchange.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Meet 0x15b3, a smart trader who has profited $48M+ over the past four months.<\/p>\n<p>Since April, he&#8217;s been long on 15 tokens on <a href=\"https:\/\/twitter.com\/hashtag\/Hyperliquid?src=hash&#038;ref_src=twsrc%5Etfw\">#Hyperliquid<\/a>, including <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24XRP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XRP<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a>, and <a href=\"https:\/\/twitter.com\/search?q=%24LINK&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LINK<\/a>, for a total profit of over $38M.<\/p>\n<p>He also bought 309 <a href=\"https:\/\/twitter.com\/search?q=%24WBTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$WBTC<\/a>($24.68M) at $79,778 avg in April and sold 199\u2026 <a href=\"https:\/\/t.co\/sWu950HQem\">pic.twitter.com\/sWu950HQem<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1958116178406330820?ref_src=twsrc%5Etfw\">August 20, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Previously, ForkLog reported that Bitcoin and Ethereum <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-and-ethereum-pull-back-ahead-of-fed-chairs-speech\">corrected<\/a> ahead of a speech by the head of the <span data-descr=\"Federal Reserve System of the United States\" class=\"old_tooltip\">Fed<\/span>. Spot exchange-traded funds based on the two largest cryptocurrencies by market capitalization lost <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-and-ethereum-etfs-see-1-billion-outflow-in-a-day\">about $1 billion<\/a> on August 19.<\/p>\n<p>The prospects for Ethereum were discussed by the creator&#8217;s father, Dmitry Buterin, in the &#8220;Podcast Society.&#8221;<\/p>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/IMwHkEBJodY?si=-M_1VbYG918kz5oJ\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decline in Ethereum&#8217;s price from August 19 to 20 to around $4,000 resulted in significant liquidations of long positions for several traders.<\/p>\n","protected":false},"author":1,"featured_media":26305,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Multi-million dollar liquidations forced traders to cut back on spending.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1267,46,1823],"class_list":["post-26304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-trading","tag-ethereum","tag-hyperliquid"],"aioseo_notices":[],"amp_enabled":true,"views":"203","promo_type":"1","layout_type":"1","short_excerpt":"Multi-million dollar liquidations forced traders to cut back on spending.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=26304"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26304\/revisions"}],"predecessor-version":[{"id":26306,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26304\/revisions\/26306"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26305"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=26304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=26304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=26304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}