Bitcoin’s Price Boom Leads to Dozens of Liquidations, including for James Wynn

Bitcoin prices surged past the $106,000 mark this week, creating a volatile environment that has left many over-leveraged traders struggling. Notably, popular trader James Wynn experienced an unsettling 12 liquidations within just 12 hours, according to data from Lookonchain. This follows a period of significant losses for Wynn, who was liquidated 45 times in the previous two months despite only having one profitable trade.