Trader James Wynn's 50x SP500 Short Liquidated 4 Times in 6 Days, Cumulative Loss Hits $22.06M

According to Onchain Lens, trader James Wynn's 50x leveraged short position on SP500 has been liquidated 4 times in the past 6 days. The position currently holds 149.34 units valued at $1.13 million, with an entry price of $7,373.44 and a mark price of $7,537.55. The unrealized loss on the current position stands at $24,500, with a return on equity of -108.83%.

Partial liquidations over the 6-day period resulted in losses of $28,400. Wynn's cumulative profit and loss across all positions reached -$22.06 million as of the latest update.