#ETHBreaksATH
The high-leverage trader James Wynn opens a long position of 25x in Ether as ETH reaches a new all-time high
The high-leverage trader James Wynn is back in the spotlight with a 25x long position in Ether showing strong gains, while his parallel bet on Dogecoin struggles in the red numbers. According to on-chain data, Wynn invested approximately $5,568 in margin to control a position of 29.3 Ether valued at $139,215, with an average entry price of $4,239. At the time of writing, the position is showing unrealized gains of $14,888, representing a return of over 267%.
Wynn also holds a 10x long position in Dogecoin
DOGE
€0.1897,
valued at $206,130 for 867,335 DOGE. Opened at an average price of $0.2398, the trade is slightly in the red, showing an unrealized loss of $1,886 with DOGE currently near $0.237.
Overall, Wynn's combined leveraged exposure is $345,000, with his total capital around $26,600. His margin usage is around 110%.
Last month, Wynn reappeared after a brief absence from social media, during which he deactivated his X account with a final bio update that simply read: "bankrupt."
On July 15, he re-entered the market with two aggressive trades, including a 40x long position in Bitcoin
BTC
€96,212
valued at $19,500,000 and a 10x long position in PEPE
PEPE
€0.000008837
valued at over $100,000.
Wynn gained notoriety when his $100,000,000 leveraged position in Bitcoin was liquidated on May 30, followed by another loss of $25,000,000 just days later, on June 5. At that time, he claimed that large players deliberately attacked his liquidation levels.
