Hyperliquid trader James Wynn, known for his high-leverage plays, partially liquidated significant portions of his long positions on both Bitcoin (BTC) and PEPE, according to data from OnchainLens. Wynn reportedly closed out some of his 40x leveraged BTC long and a portion of his 10x leveraged PEPE long. The reasons for the liquidation remain unconfirmed, but potential factors could include profit-taking after recent market upticks, risk management adjustments in response to market volatility, or a shift in overall market sentiment. The impact of Wynn's moves on the broader market appears minimal, though such high-profile liquidations are always closely watched by other traders for potential signals. Further details on Wynn's trading strategy and future moves are being monitored by the crypto community. ```

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