James Wynn goes long, BTC explodes, losing $20.5 million in two weeks According to Yu Jin, cryptocurrency trader James Wynn was forced to liquidate 379 BTC early this morning due to market volatility caused by a dispute between Trump and Musk, resulting in a drop in BTC prices. He then voluntarily liquidated his remaining positions. In this round, a total of $3.6 million USDC was invested as margin, but only $700000 remained, resulting in a loss of $2.9 million. Two weeks ago, it made a profit of $87 million, but now it has accumulated a loss of $20.5 million. The remaining funds are only enough to open a $28 million position, and its short-term impact may weaken.