James Wynn Denies Existence of New Wallet, Insists No $1.7 Million Loss

Odaily Planet Daily reported that James Wynn posted on the X platform denying that his account had been liquidated with a loss of $2 million, stating that the address in question does not belong to him.
Earlier, several on-chain analysts claimed that James Wynn’s new wallet had opened long positions in BTC (40x leverage) and PEPE (10x leverage), which have so far accumulated losses of $1.7 million, with an additional $2 million in unrealized losses.