James Wynn Makes Bold Comeback with Massive 10x Leverage Bet on PEPE Coin!

Jakarta, Pintu News – Crypto trader James Wynn, who was recently popular for going long Bitcoin (BTC) with 40x leverage, is now attracting attention again after going long Pepe Coin (PEPE) with 10x leverage.

This move came shortly after Wynn closed all his positions when the price of BTC started fluctuating in the range of $108K to $112K.

After making a big bet on decentralized derivatives platform Hyperliquid (HYPE), Wynn managed to pocket a profit of $25 million from his investment in Bitcoin, and has already earned an additional $200K from investing in the meme coin.

Crypto Trader James Wynn Opens 10x Leverage Long Position on PEPE

Renowned crypto trader James Wynn made another bold move by going long on the PEPE meme coin using 10x leverage on the Hyperliquid platform.

Read also: PEPE Coin Set to Soar? Fresh Analysis Sparks New Hope for Investors

Previously, Wynn has had great success from similar bets, pocketing a profit of $26 million from a long PEPE trade.

Shortly after, the price of PEPE surged by more than 3%, with market capitalization reaching $6 billion and daily trading volume skyrocketing 40% to $1.5 billion.

Wynn Earns $25 Million from Bitcoin Trading

When the price of Bitcoin hit a record high of $11,970 last week, James Wynn caught the attention of investors by going long using 40x leverage on the Hyperliquid platform.

However, it wasn’t long before BTC experienced a correction after US President Donald Trump threatened to impose 50% tariffs on the European Union. This forced Wynn to change his strategy and take a $1 billion BTC short position on Sunday.

However, the price of BTC saw a mild 1.2% increase to $110 after Trump announced a delay in the tariffs until July 9. This quick turnaround and market volatility eventually prompted Wynn to close all his positions with a net gain of $25 million.

In response to his achievement, Wynn wrote:

“To all the fans and haters: We’ve had a great time gambling on the perpetual market. At its peak, my account recorded a profit of $87,000,000 from a capital of about $3-$4 million. Now I’ve decided to exit the casino with a profit of $25 million. It’s been fun, but it’s time for me to step down as a winner. Wynn 1-0 Haters.”

Hyperliquids are Growing in Popularity in the Crypto World

In an impressive trading activity, James Wynn has made 38 transactions over the past 75 days. Of these, 17 trades managed to post a profit, resulting in a win rate of 45%.

Read also: Hyperliquid Price Prediction: HYPE Skyrockets to All-Time High – Is $45 the Next Stop?

Wynn’s large-scale trading activities also contributed around $2.31 million in fees to the Hyperliquid platform. As a result, Hyperliquid managed to surpass big players like Tron (TRX), Ethereum (ETH), BNB Chain, and others in terms of revenue.

Hyperliquid (HYPE) token price rose another 12% today, extending its weekly gain to 50% and setting a new record high of $40. Based on HYPE price prediction data, this rally is expected to continue until it reaches $45 in June.

Hyperliquid has now cemented its position as the go-to platform for the crypto community in the derivatives market. By utilizing the advanced Web3 infrastructure, the platform allows users to access and monitor on-chain activities directly connected to trading operations.

Legendary trader Arthur Hayes even predicted HYPE prices could soar to $100 in this ongoing rally.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Hyperliquid Whale James Wynn Opens a $20 Million PEPE Trade. Accessed on May 26, 2025
• Coingape. After Bitcoin, Crypto Trader James Wynn Sets Sight on PEPE With 10x Leverage Long. Accessed on May 26, 2025