James Wynn liquidated 22 times on SP500 as losses reach $22.07 million

Onchain Lens says his latest liquidation came 40 minutes ago, while he still holds 70.50 SP500 short contracts worth about $530,900 at 50x leverage.

Summary

James Wynn (0x5078...bedb) has been liquidated 22 times on SP500, with the latest liquidation occurring 40 minutes ago, according to Onchain Lens monitoring. His realized loss on the asset has reached about $73,100. Wynn still holds 70.50 SP500 short positions valued at roughly $530,900 with 50x leverage, and his unrealized loss stands at $7,900. His lifetime loss is $22.07 million.

Terms & Concepts
  • SP500: The asset or contract Wynn is trading in the report.
  • short position: A bet that the asset’s price will fall.
  • 50x leverage: Trading with borrowed exposure equal to 50 times the margin.