James Wynn SP500 Short Losses Hit $22M Amid 50x Leverage

Trader James Wynn faces $22M cumulative losses on Hyperliquid SP500 shorts despite partial liquidations, maintaining a $913K position with -115% ROI.

Woofun AI reports that James Wynn maintains a 50x short position on the SP500 index via Hyperliquid, initiated 15 days ago. As the index climbed from 7,300 to over 7,550 points, the position incurred seven partial liquidations. Wynn currently holds 120.9 short contracts valued at $913,000, reflecting a current loss of $21,000 and a return rate of -115%. Despite historical cumulative losses reaching $22 million, he continues to expand his position.