In the wild world of crypto trading, few stories hit as hard as James Wynn’s. Known as “moonpig” on X, this self-styled “degen” trader turned heads with a $1.25 billion Bitcoin bet on Hyperliquid, leveraging 40x to chase astronomical gains. Starting with just $210 in 2022, James spun memecoin PEPE into $25 million, earning him a cult following on X, where he shared jaw-dropping screenshots of nine-figure positions and cheeky memes.

💥But in May 2025, the market had other plans. James’s massive long position—5,520 BTC at $103,302, followed by 11,588 BTC at $108,243—raked in $39 million in unrealized gains. Then, a 2% Bitcoin dip below $105,000 triggered a brutal $100 million liquidation. Nearly 949 BTC vanished in hours, with losses at $104,950, $104,150, and $104,620. X erupted with the news: “ARKHAM ALERT: JAMES WYNN LIQUIDATED FOR $100M!”

💥Undeterred, James posted on X, shrugging off the loss with a Matrix meme and the quip, “Flipped $4m to $100m and back to -$13m. One hell of a thrill.” He doubled down with a new $100M Bitcoin long and a $12M PEPE bet, alleging market makers were hunting his positions. By June, another $25M was wiped out, and his wallets dwindled to $10,176 by July. His X account, @JamesWynnReal, later went silent—suspended or deleted, leaving the community buzzing.

🚨James’s saga is a stark reminder: high leverage is a double-edged sword. His bold bets captivated X, but they also showed how fast fortunes can flip in crypto’s casino. Was he a visionary or a reckless gambler? And what’s next for the legend of “moonpig”?

💥💬 What do you think—would you take a 40x bet like James, or is low-leverage the way to go? Drop your thoughts below!

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