Back from a mysterious exit, high-stakes trader James Wynn is once again making headlines — this time with a 25× long on $ETH and a 10× long on $PEPE . Is it genius timing, or a setup for another collapse?
📊 Multi-Million Dollar Bets on ETH and PEPE
James Wynn, known for his bold high-leverage trades, has re-entered the crypto arena in dramatic fashion. According to on-chain data, Wynn recently deposited 536,573 USDC into Hyperliquid, a decentralized perpetuals exchange.
He used the funds to open two aggressive long positions:
Ethereum (ETH)
• Position size: 3,269 ETH
• Value: ~$12.12M
• Entry Price: $3,726.28
• Leverage: 25×
• Liquidation Price: $3,492.80
kPEPE (PEPE/USD perpetual futures)
• Position size: ~812.16M PEPE
• Value: ~$11.28M
• Entry Price: $0.01358
• Leverage: 10×
• Liquidation Price: $0.012998
🟢 As of now, Wynn is $251,617 in profit on his PEPE trade, while his ETH position shows an unrealized loss of ~$62,700.
🧠 Leverage allows traders to multiply their exposure using borrowed capital — boosting both profits and losses.
🚨 ETH Short Squeeze Frenzy
Wynn’s move comes amid one of the largest short squeezes in crypto history. According to The Kobeissi Letter, ETH has jumped 20% since July 1, adding over $150 billion to its market cap.
ETH is now trading near $3,700, and many analysts believe $4,000 is within reach. A further 10% rally could liquidate over $1 billion in short positions, especially those using leverage.
🔁 James Wynn’s Comeback Arc
Earlier this month, Wynn mysteriously disappeared from social media after a series of catastrophic losses:
• A $100M BTC long liquidation on May 30
• A $25M loss on June 5
His X profile was deactivated on July 13, leaving only one word:
“broke.”
Now, he’s back.
In addition to his ETH and PEPE longs, Wynn recently opened a 40× long on $BTC worth $19.5M. In a cryptic post, he wrote:
“Perfect timing for a 40x long. Never financial advice, of course. But the market makers are out of gunpowder.”
📉 BTC Dominance Slips as Altcoin Momentum Builds
With Ethereum surging, Bitcoin’s dominance has dropped to 61.4% — the lowest since March. Capital is rotating into altcoins like ETH, PEPE, and $XRP, as traders seek faster gains and more volatility.
🔍 Final Thoughts
James Wynn’s re-entry into the market has reignited interest in leverage trading just as the market heats up.
Is this Wynn’s redemption arc — or a repeat of history?
Either way, crypto traders will be watching every move.
📌 Follow for live updates on Wynn’s trades, liquidation zones, and the unfolding altcoin breakout season.
#ETH #PEPE #JamesWynn #altcoins #Binance