Whale Trader James Wynn Completes Record-Breaking Trade Series and Reenters the Market
▪️Anonymous trader James Wynn, who rose to fame after opening the largest on-chain positions in history on the Hyperliquid platform, has announced the completion of a trading series with a net profit of $25 million. According to him, he started with $3–4 million, and at its peak, the unrealized profit reached $87 million. “Decided to leave the casino a winner,” he wrote on social platform X.
▪️Last week, he closed a $1.2 billion long position on Bitcoin with a $17.5 million loss, then opened a 40x leveraged short. That trade also ended in the red, with a loss of over $15.5 million. Both positions were the largest in the history of on-chain trading, with nearly $1.8 million paid in funding fees and commissions alone.
▪️Now, the trader is active again. At the time of publication, he had opened a 40x leveraged long position on Bitcoin with an entry point of $109,699, as well as a 10x leveraged long on the meme coin PEPE at a price of $0.0141. At one point, the PEPE position showed an unrealized profit of $500,000.
