High-stakes trader James Wynn is back in action. Just hours after swallowing a $100 million loss from a highly leveraged Bitcoin position, Wynn has launched a fresh 40x long on BTC — aiming once again to turn risk into a $1 billion jackpot. 🎯
He’s chosen the decentralized derivatives platform Hyperliquid for his comeback, sparking speculation, excitement, and plenty of debate. Wynn’s market moves are either seen as bold inspiration or reckless warnings.
Back in the Game: A New Billion-Dollar Attempt
Initially looking defeated after closing out his previous longs at a massive loss, Wynn has now opened another high-leverage trade — a 40x long on BTC and kPEPE — with a liquidation level just below $103,000. He reentered at around $105,581, betting on a strong monthly close for Bitcoin.
BTC has already gained over 11% since the start of June, mirroring May’s 11% rise. But even a small dip could jeopardize Wynn’s latest gamble. Any drop toward his liquidation zone may mean another spectacular wipeout.
Market Drama: Wynn Becomes a Sentiment Driver
Wynn’s trades now have the power to sway sentiment across crypto. The community either rallies behind his high-risk performance or watches, eager to see if he’ll get liquidated. Regardless, he moves markets — his new positions added $6.9 billion in open interest to Hyperliquid, pushing the DEX into the top 15 global derivatives platforms.
From BTC to Meme Coins – Introducing MoonPig
Even after losing nine figures, Wynn isn’t slowing down. He’s shifted focus to meme coins, launching a new token — MoonPig (MOONPIG). Within hours, the price tripled from $0.01 to $0.03, powered by a simple leaderboard-based idle game and strong community buzz.
It’s another showcase of Wynn’s influence: when he moves, the market listens. He’s also been eyeing other tokens like PURR, FARM, VAPOR, and BUDDY.
HYPE Token Rises Alongside Wynn
Wynn’s bold return has boosted HYPE, Hyperliquid’s native token, which rebounded to $32.62 — close to its all-time high of $39. If his trade plays out, both his reputation and the future of on-chain perpetuals could be significantly strengthened.
#cryptotrading , #BTC , #CryptoNewss , #bitcoin , #CryptoMarket
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