{"id":37890,"date":"2025-11-10T06:59:32","date_gmt":"2025-11-10T06:59:32","guid":{"rendered":"https:\/\/financialrush.com\/?p=37890"},"modified":"2025-11-10T06:59:32","modified_gmt":"2025-11-10T06:59:32","slug":"bitcoins-surge-past-106k-liquidates-james-wynn-12-times-in-12-hours","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=37890","title":{"rendered":"Bitcoin’s Surge Past $106K Liquidates James Wynn 12 Times in 12 Hours"},"content":{"rendered":"

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\n\t\t\t\t\t\t\t\t\tBTC tapped a six-day peak earlier this morning. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n

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Bitcoin ended the calendar week with a price resurgance that only intensified as the new one began, and the asset jumped to almost $107,000 for the first time since last Tuesday.<\/p>\n

Naturally, this explosive month north has harmed certain over-leveraged traders. The popular account going under the name James Wynn made the headlines again by suffering a dozen liquidations in the span of just 12 hours, according to data from Lookonchain.<\/p>\n

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Due to the market rebound, James Wynn(@JamesWynnReal<\/a>) got liquidated 12 times again in the last 12 hours!<\/p>\n

After suffering 45 liquidations over the past two months, James finally had one winning trade \u2014 but instead of taking profit, he kept adding to his position.<\/p>\n

Ultimately, he\u2026 https:\/\/t.co\/97dLldu5aS<\/a> pic.twitter.com\/5SVcU8ftns<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) November 10, 2025<\/a><\/p>\n<\/blockquote>\n

The analytics platform continues to track Wynn\u2019s performance in recent months and noted that they had been wrecked 45 times in the last 60 days. They finally had a \u201cone winning trade,\u201d but chose to keep shorting bitcoin during the weekend, which turned sour.<\/p>\n

In the span of just half a day, Wynn was wrecked for a total of over $85,410, and their account is left with just $6,010.<\/p>\n

This liquidation came as BTC jumped<\/a> from under $102,000 to a multi-day peak of almost $107,000 on the heels of an interesting promise by the US President. Yesterday, Trump said<\/a> numerous Americans, aside from high-income people, will receive dividends of at least $2,000, which history suggests could be linked to fresh money poured into crypto.<\/p>\n

The altcoins followed suit with some impressive gains, such as WLFI, which has soared by nearly 30%, followed by PUMP (16%), ZEC (16%), and UNI (14%).<\/p>\n

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The total liquidations for the past day are up to $360 million, according to CoinGlass, with more than $260 of the total coming from shorts. The number of wrecked traders is close to 120,000.<\/p>\n

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BTCUSD. Source: TradingView<\/figcaption><\/figure>\n
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