「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

Tether's major shareholder invests £12 million to support the "British version of Trump" in the cryptocurrency sector

Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?

Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times

Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief

From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?

BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend

When Backpack backstabs the community

When gold is no longer a safe haven, and Bitcoin continues to panic

Trump, the World's Largest Oil Trader

If the US and Iran have not reached an agreement in 5 days, what other cards does Trump have?

Tether Whale Dumps £12 Million, Backing Crypto’s ‘British Trump’

Ethereum Foundation Post: Rethinking the Division of Work Between L1 and L2 to Build the Ultimate Ethereum Ecosystem

Two Major Prediction Market Platforms Unite Rarely, What Is the Story Behind This New Fund?

Dragonfly Partners: Most agents will not engage in autonomous trading, how can crypto payments prevail?

US AI Startup Goes All In on Chinese Mega-Model | Rewire News Morning Brief

Trump Lies Again: A "Five-Day Pause" Psyop, How Wall Street, Bitcoin, and Polymarket Insiders Synced Uposciogen

When a Token Becomes Labor, People Become the Interface

