#pepepumping Whale Trader Bets Big on Bitcoin and PEPE Amid Market Shift
The Bitcoin ($BTC) allocation alone is worth approximately $193,773,551, acquired at an average entry price just under $105,000.
At present, Bitcoin is trading above $106,600 — marking a 1.5% daily increase and placing it roughly 2% shy of its all-time high.
The trader has employed 3.78x leverage, with margin usage slightly at 13.61%.
In contrast, Ethereum has dipped to $2,492, recording a 2% decline over the last 24 hours, while other major altcoins such as XRP, BNB, and Solana remain relatively flat.
A popular trader with 78,000 X followers, the pseudonymous James Wynn, has publicly claimed to be behind the massive Hyperliquid position.
Wynn highlighted a possible breakout formation on Bitcoin’s hourly chart, suggesting the current sideways movement could give way to an upward surge, potentially driving BTC toward the $110,000 to $114,000 range.
Equally significant is the trader’s PEPE stake, valued at $33 million, which is sitting on more than $12.4 million in PnL
this is not investment advice