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James Wen suffered a wave of liquidation against short the S & P 500 for the fourth consecutive day

2026-08-04 00:39:23
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22 liquidations and are continuing

Cryptocurrency trader @JamesWynnReal has traded S & P 500 Index perpetual futures contracts on the Hyperliquid platform and has so far encountered 22 liquidations. According to on-chain tracking tool Onchain Lens, its position has realized a loss of approximately US$73,100.

The most recent liquidation occurred on Monday, which was his fifth liquidation in just three days. Hypurrscan data shows that all 22 liquidations occurred between May 13 and August 3, wiping out a nominal value of approximately US$1.29 million, of which the single liquidation amount on June 30 reached US$437,500.

Despite repeated short positions, Wynn still holds 70.50 short positions in the S & P 500 index, worth approximately US$530,900, with a leverage multiple of 50 times. The current opening price of short orders is 7,418.59 points, the clearing trigger price is 7,548.37 points, and the floating loss is approximately US$7,900. The overall margin utilization rate has reached 81.5%, the account balance is only US$6,512, and there is no withdrawable funds.

Falling sharply from a peak of US$100 million

Wynn's historical cumulative losses on the platform have reached US$22.07 million, with a win rate of only 28% in 67 transactions. Its accounts have shrunk sharply from a historical peak of $100 million, and the entire collapse process is publicly visible on the blockchain.

This short operation in the stock index continues the bearish stance proposed by Wynn in April. At the time, he was long crude oil and short the U.S. index, saying: "It will get worse before things get better. Current position: Long: WTI crude oil (obvious). Short: The S & P 500 (obvious). Big short: Nasdaq (obvious). "

However, the market is moving the opposite-the S & P 500 has risen more than 13% since his comments, closing at 7,489.72 on Friday.

Wynn initially gained fame by earning US$7,600 in principal to US$25 million through memin PEPE, and then turned to trading highly leveraged perpetual contracts, and his account movements are still publicly tracked today.

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