「James Wynn」 Liquidates PEPE and ETH Long Positions, Exits with $20,000 Profit
BlockBeats News, January 15th, according to Hyperinsight monitoring, trader James Wynn (0x507), who was once close to "bankruptcy," today liquidated all his PEPE and ETH long positions on Hyperliquid, and withdrew most of the funds from the platform, about $41,000. Of this amount, the PEPE long position made a profit of about $110,000, while the ETH long position incurred a loss of $160,000.
The account initially started longing PEPE with about $20,000, and the account funds once surged to a high of $900,000. However, on January 8th, his positions experienced 12 consecutive liquidations, with the position size halved multiple times. Finally, during today's market rally, he exited the market and realized a final profit of about $20,000.
It is worth mentioning that on January 1st this year, James Wynn publicly predicted that the PEPE market cap would exceed $69 billion by 2026, and promised to delete his social account if it did not happen. Currently, the PEPE market cap is about $25.4 billion.
You may also like
The most secretive AI winner
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
