May 28, 2025
James Wynn, The Trader Who Bet $ 1b On Bitcoin, Is Now Long Pepe thumbnail
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James Wynn, The Trader Who Bet $ 1b On Bitcoin, Is Now Long Pepe

The Pseudonymous Trader on Hyperliquid Closed Their Billion-Dollar Nocial Position for A $ 17 Million Loss Over The Weekend and Is Now Betting on Downside.”, – WRITE: www.coindesk.com

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James Wynn, The Trader Who Bet $ 1b On Bitcoin, Is Now Long PepeThe Pseudonymous Trader on Hyperliquid Closed Their Billion-Dollar Nocial Position for A $ 17 Million Loss Over The Weekend and Is Now Betting on Downside. May 26, 2025, 8:10 AM

PEPE The FROG (PEPECOIN'S TWITTER ACCOUNT)

What to Know:

  • A Crypto Wallet Known for High-Stakes Trades Has Shifted Focus to Pepe (Pepe) with A $ 1 Million Bet at 10x Leverage.
  • Trader “James Wynn” Closed A $ 1.2 Billion Bitcoin Position with A $ 17.5 Million Loss Before Opening A $ 1 Billion Short.
  • WynnnnunCed Stepping Away from Perpetual Trading After Securing A $ 25 Million Profit From An Initial Investment of Over $ 3 Million.
One of the MOST CLOSELY WATCHED Crypto Wallets in Recent Weeks is Now Betting on Pepe (Pepe), Days After Drumming Up A Record Billion-Dollar

On the onchain Trading Platform Hyperliquid.

The Wallet Has Gone Long on Pepe with $ 1 Million at 10x Leverage, Flipping from Billion-Dollar Bitcoin Trades to High-Stakes Meecoin Bets. The Position is Already Up $ 500,000 as of European Morning Hours, with Pepe Up Nearly 6% in the Past Few Hours.

Pseudonymous trader “James Wynn” – KNOWN as “Moonpig” on Decentralized Exchange Hyperliquid – Closed Their $ 1.2 Billion Btc Long Position With A $ 17.5 Million Loss on MOND.

Wynnnn Opened A $ 1 Billion Short Using 40x Leverage, Effectvely Wagering Their Entire $ 50 Million Wallet on the Downside. Both Positions Are A Record for An onChain Platform and Represent the Biggest Bets Placed Entirely on A Blockchain-Basted Service.

Wynnn’s New Short Was Orated at An AVERAGE PRICE OF $ 107.077, and HAS ALREADY NETTED ABOUT $ 3 Million in Profit as Btc Hovered Just Below That Level Moday, Before Losing Some.

The Trade Is A High-Risk Musical Chairs Event: if BTC Rises Above $ 110.446, Wynn’s Position Could Be Liquidated Unlessa Addrational Collalateral Is Posted, Data Shows.

That position is the Since Closed and Wynn Sayid on X Stepping Away from Perpetual Trading Altogethher. They have Netted A Total Profit of $ 25 Million from An Initial Above $ 3 Million, The Account Said on X.

“Now Decides to Leave the Casino with My $ 25,000,000 Profit,” He Posted. “It’s been Fun, But Now’s Time for Me to Walk Away A Wynner.”

To all the fans and hats:

We Had A Good Run Gambling on Perps

AT PEAK The Account Was Up $ 87,000,000 Profits from Like $ 3- $ 4m.

NOW DECIDED TO LEAVE THE CASINO WITH MY $ 25,000,000 PROFIT

I Been Fun, But Now’s Time for Me to Walk Away A Wynner

Wynn 1-0 hats … pic.twitter.com/vuuiet2cqz

– James Wynn 🐳 (@jameswynnreal) May 26, 2025

Shaurya Malwa

Shaurya is the co-leader of the coindesk tokens and data team in asia with a focus on crypto derivatives, Defi, Market Microstructure, and Protocol Analysis.

Shaurya Holds Over $ 1,000 in Btc, Eth, Sol, Avax, Sushi, Crv, Near, YFI, YFI, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, CAKE, Vet, Vet, Vet RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, Banana, Rome, Burger, Spirit, and ORCA.

He Provides Over $ 1,000 to Liquidity Pools on Compound, Curve, Sushiswap, Pancakeswap, Burgerswap, Orca, AnaSwap, Spiritswap, Roki Protocol, Yearn Finance Olympusdao, Rome, Trader Joe, and Sun.

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Shaurya Malwa

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