High-leverage trader James Wynn opens 25x long on ETH, 10x on PEPE
2025-07-20 13:18:14
Main Idea
Crypto trader James Wynn has opened high-leverage positions on Ether and PEPE, totaling over $23 million, following a history of significant gains and losses in leveraged trading.
Key Points
1. James Wynn opened a 25x long on Ether (3,269 ETH, ~$12.12M) and a 10x long on PEPE (812.16M tokens, ~$11.28M) after depositing 536,573 USDC into Hyperliquid.
2. His PEPE position currently shows an unrealized profit of $251,617, while his ETH position is down over $62,700, with liquidation prices at $3,492.8 for ETH and undisclosed for PEPE.
3. Wynn recently returned to high-leverage trading after a hiatus, having previously suffered losses including a $100M Bitcoin bet liquidation on May 30 and a $25M loss on June 5.
4. Ether has gained 20% in a week, with analysts predicting a potential rise to $4,000, while Bitcoin's market dominance has dropped to 61.4%, the lowest since March.
5. Wynn claimed his past liquidation levels were targeted by major market players and expressed confidence in his latest trades, stating, 'the MM’s are out of gun powder.'
Description
James Wynn has opened high-risk leveraged trades on Ether and PEPE worth over $23 million after a $536,000 USDC deposit into Hyperliquid.
Latest News
- Saylor signals Bitcoin buy as Strategy's stash climbs to over $71B2025-07-20 18:02:26
- Bitcoin gets $125K target as trader sees 'big move' next, ETH hits $37502025-07-20 15:52:45
- Embedding human rights into crypto isn’t optional, it’s foundational2025-07-20 15:16:20
- High-leverage trader James Wynn opens 25x long on ETH, 10x on PEPE2025-07-20 13:18:14
- Experts say ‘just a starting point’ as Crypto Week ends on a high note2025-07-20 11:19:18