Following a remarkable $25 million profit from Bitcoin trading, prominent crypto trader James Wynn is once again making headlines—this time with a strategic move into PEPE, a leading meme coin. Wynn, known for his high-risk, high-reward approach, has opened a 10x leveraged long position in PEPE on the Hyperliquid platform, signaling his continued confidence in volatile market opportunities.
From Bitcoin Success to a New #PEPE Bet
Wynn's reputation as a skilled trader was cemented when he transformed a modest investment into $25 million through a series of bold Bitcoin trades. Having previously generated $26 million in profits from PEPE, he has now returned to the token, leveraging Hyperliquid’s advanced trading tools. Following his latest position, PEPE’s price surged by over 3%, while daily trading volume spiked 40% to reach $1.5 billion. The coin’s market capitalization also rose to $6 billion.
Bitcoin Trade Yields $25 Million Windfall
Wynn’s recent Bitcoin strategy saw him open a 40x long position when the cryptocurrency reached a record high of $11,970. However, a market correction triggered by U.S. President Donald Trump’s announcement of potential 50% tariffs on the EU prompted Wynn to pivot swiftly, opening a $1 billion short position. As the tariff decision was later delayed to July 9, Bitcoin rebounded by 1.2% to $110,000, allowing Wynn to exit his trades with a $25 million profit. Reflecting on the experience, Wynn shared on social media:
> “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’s Momentum and Token $hype Performance
Wynn’s trading activity has not only bolstered his own profits but also fueled momentum for Hyperliquid. Over the past 75 days, he has executed 38 trades on the platform, 17 of which were profitable, yielding a 45% win rate. His trading volume has generated an estimated $2.31 million in fees for Hyperliquid, helping the platform outperform major competitors such as Ethereum, $BNB Chain, and Tron in revenue generation.
The platform’s native token, $HYPE, surged 12% to reach a new all-time high of $40, with a 50% gain over the past week. Analysts now project HYPE could reach the $45–$50 range by June. Notably, Arthur Hayes, a respected figure in the crypto space, has expressed optimism that HYPE could eventually rise to $100.
Hyperliquid’s Competitive Edge in Web3 Infrastructure
Hyperliquid continues to establish itself as a leading decentralized derivatives exchange, leveraging advanced Web3 infrastructure and providing traders with seamless, real-time on-chain data. Its combination of performance and user experience is attracting increased attention from both traders and analysts.
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