Bankrupt whale faces 12 liquidations in 24 hours, losing $540,000 in a single day

RektRecovery · 2026-01-07T16:04:15+00:00

On January 7th, "bankrupt whale" trader James Wynn experienced 12 liquidations within 24 hours, with a total loss of $541,000. His ETH long position was floating at a loss of $94,000, facing liquidation risk, while he also held $1.3 million worth of PEPE long positions. Market volatility thwarted his gambling rebound plan.

RektRecovery

2026-01-07 16:04:15

Abstract generation in progress

【Block Rhythm】On January 7th, the on-chain data monitoring platform captured an interesting trading record. The trader James Wynn, known as the “Bankrupt Whale,” experienced a bloodbath in the past 24 hours—12 liquidation waves bombarding him in succession, with a total loss of $541,000.

A closer look at his positions reveals how brutal the market can be. His ETH long position was once floating at a loss of $94,000, with a current position market value of $3.3 million. He opened the position at $3,252.31, and now the liquidation line is not far at $3,115.69. Any slight movement could wipe him out. At the same time, he also has a $1.3 million PEPE long position, entered at $0.006217, with a liquidation price set at $0.006327. This safety cushion is surprisingly thin.

From the data, it’s clear that this big player is betting on a rebound, but recent market volatility seems to be at odds with his expectations. Every liquidation attempt tests his psychological bottom.

ETH-0,77%

PEPE-2,67%

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GateUser-74b10196

· 18h ago

Oh my god, this guy is a real reverse indicator. 12 liquidations within a day? It looks painful.

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just_vibin_onchain

· 01-07 16:33

Bro, you're teaching us what "mindset" really means with real money and silver --- Losing 540,000 just to gamble on a rebound, I really admire the gambler spirit --- 12 liquidation attempts? Brother, you're just paying tuition to the market --- I'm nervous about PEPE's liquidation price being so close, this move is a bit reckless --- Watching his positions every day has become my daily entertainment haha --- The rebound hasn't come yet, and the bullets are all used up, this is the joy of leverage --- Reminds me of that saying, a bankrupt whale is forged like this --- 12 times a day, every two hours on average, this pace is really outrageous

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ContractFreelancer

· 01-07 16:31

$540,000 lost in a day, this guy must be under a lot of pressure... If it were me, I would have given up already.

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AllInDaddy

· 01-07 16:30

Damn, 12 liquidation attempts? How is this guy still alive? Losing 540,000 and staying so calm?

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BlockchainTherapist

· 01-07 16:22

Oops, this guy is playing with fire again. He lost 540,000 in a day, I feel for him for a second. The liquidation price is almost touching the face, and he's still stubbornly holding on for a rebound? His mental toughness is impressive. Honestly, leverage is like a gambling machine; every spin is a loss. 12 forced liquidations? That takes incredible persistence, I truly admire that. ETH is on the verge of liquidation with just a small drop; I can't learn to manage positions like that. PEPE only drops a little and can be liquidated? Isn't that just waiting to be eaten? Wake up, everyone. Not every rebound can be waited for.

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PessimisticLayer

· 01-07 16:12

Haha, 12 liquidation events are really brutal. How strong must this guy's heart be? Still daring to hold such a heavy position, the liquidation line is almost at his face. The bankrupt whale lives up to its name, continuously supplying material. This position looks truly hopeless; a single bearish candle and it's gone. Betting on a rebound until you run out of bets—classic move. The liquidation price is so close, yet he doesn't reduce his position—definitely a gambler's mentality. $540,000. What did this guy do in his past life? 12 liquidations in one day—what kind of volatile market must that have been? Honestly, just looking at his position makes me want to laugh. This is true all-in. No one can save this kind of all-in player; the market will ultimately teach everyone a lesson.

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SellTheBounce

· 01-07 16:11

Another story of a bagholder. Every rebound, they want to buy the dip, but in the end, they sell during the rebound. Have they not been thoroughly educated by the market?

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