Bitcoin’s Surge Past $106K Liquidates James Wynn 12 Times in 12 Hours

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Bitcoin ended the calendar week with a price resurgance that only intensified as the new one began, and the asset jumped to almost $107,000 for the first time since last Tuesday.Naturally, this explosive month north has harmed certain over-leveraged traders. The popular account going under the name James Wynn made the headlines again by suffering a dozen liquidations in the span of just 12 hours, according to data from Lookonchain.Due to the market rebound, James Wynn(@JamesWynnReal) got liquidated 12 times again in the last 12 hours!After suffering 45 liquidations over the past two months, James finally had one winning trade — but instead of taking profit, he kept adding to his position.Ultimately, he… https://t.co/97dLldu5aS pic.twitter.com/5SVcU8ftns— Lookonchain (@lookonchain) November 10, 2025The analytics platform continues to track Wynn’s performance in recent months and noted that they had been wrecked 45 times in the last 60 days. They finally had a “one winning trade,” but chose to keep shorting bitcoin during the weekend, which turned sour.In the span of just half a day, Wynn was wrecked for a total of over $85,410, and their account is left with just $6,010.This liquidation came as BTC jumped from under $102,000 to a multi-day peak of almost $107,000 on the heels of an interesting promise by the US President. Yesterday, Trump said numerous Americans, aside from high-income people, will receive dividends of at least $2,000, which history suggests could be linked to fresh money poured into crypto.The altcoins followed suit with some impressive gains, such as WLFI, which has soared by nearly 30%, followed by PUMP (16%), ZEC (16%), and UNI (14%).The total liquidations for the past day are up to $360 million, according to CoinGlass, with more than $260 of the total coming from shorts. The number of wrecked traders is close to 120,000.BTCUSD. Source: TradingViewThe post Bitcoin’s Surge Past $106K Liquidates James Wynn 12 Times in 12 Hours appeared first on CryptoPotato.