According to @EmberCN, James Wynn's contract trading profits totaling $85.29 million have now been fully wiped out, highlighting the volatility and risk associated with high-leverage crypto trading. Wynn experienced significant swings within just two weeks: on May 12-13, he made $11.67 million by longing TRUMP and FARTCOIN; on May 23, he lost $5.29 million on ETH and SUI longs; and on May 24, he earned $42.08 million trading BTC and PEPE. These rapid position reversals underscore the importance of risk management strategies in derivative trading, as even large gains can quickly reverse in the current crypto market climate (Source: @EmberCN on Twitter, May 28, 2025).