After raking in massive profits from Bitcoin, well-known crypto trader James Wynn is back in the spotlight—this time with a bold move on meme coin PEPE. Following a $25 million profit on his previous trades through Hyperliquid, Wynn has entered a new 10x leveraged long position, signaling he's not done making waves.
🔹 From BTC to PEPE: Wynn Aims for Another Breakout
Wynn, who became a crypto celebrity after turning a few million into $25 million via Bitcoin, has now refocused on PEPE Coin—a token with which he previously made $26 million. He's once again using the Hyperliquid platform to open a 10x leveraged long trade. The market responded instantly: PEPE jumped over 3%, daily trading volume surged 40% to $1.5 billion, and its market cap hit $6 billion.
🔹 Bitcoin Trade Ends With $25M in Profits
Last week, Wynn opened a 40x long position on BTC just as it reached a record high of $11,970. However, when U.S. President Donald Trump threatened 50% tariffs on the EU, markets recoiled. Wynn quickly shifted gears and opened a $1 billion short position.
When Trump later postponed the tariff decision to July 9, Bitcoin bounced back by 1.2% to $110,000, prompting Wynn to close his positions with a $25 million gain. On social media, he posted:
“To all the fans and haters: betting on volatility has been a wild ride. At the peak, the account showed $87 million from just $3–4 million. Now I’ve cashed out with $25 million. Time to leave the casino a winner. Wynn 1–0 haters.”
🔹 Hyperliquid Surges, HYPE Token Hits New High
Wynn's activity benefited not only himself. Over the last 75 days, he executed 38 trades on Hyperliquid, 17 of which were profitable—resulting in a 45% win rate. His high trading volume generated approximately $2.31 million in fees for the platform.
This helped Hyperliquid surpass major competitors like Ethereum, BNB Chain, and Tron in revenue. Its native token HYPE jumped 12% today, hitting a new all-time high of $40, with weekly gains totaling 50%. Analysts predict the token could reach $45–$50 by June.
🔹 Web3 Infrastructure and Growing Community Trust
Hyperliquid continues to establish itself as a top-tier decentralized derivatives exchange. With advanced Web3 infrastructure and seamless access to real-time on-chain trading data, it offers a unique edge. Legendary trader Arthur Hayes even predicts that HYPE could soar to $100 in the near future.
#PEPE , #memecoin , #BTC , #CryptoMarketMoves , #CryptoNewss
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