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Wynn’s Wild Ride: From Leveraged Legend to Liquidated Losses

Wynn, a high-profile crypto trader known for his bold, high-stakes plays, has seen his empire shaken over the past month after a series of massive leveraged bets went sour. Once revered in trading circles for his fearless on-chain moves, Wynn's rapid rise has taken a dramatic turn.

Wynn initially built his reputation by executing outsized, leveraged trades across blue-chip tokens like Bitcoin (BTC) and a rotating cast of volatile altcoins and memecoins. His aggressive style drew both admiration and skepticism—but it was hard to argue with the numbers. That is, until it all began to unravel.

The turning point came with a $1.25 billion long position on Bitcoin. At the time, BTC was soaring above $105,000 amid a euphoric market rally. However, as geopolitical tensions escalated, sentiment shifted quickly, and Bitcoin's price dipped just below the $105,000 mark. For most traders, a minor correction— but for Wynn, the impact was catastrophic. The position was liquidated, resulting in a staggering $37 million loss after fees.

Unshaken, Wynn pivoted to memecoins, turning to the likes of PEPE in hopes of a comeback. Initially, it looked promising: a long position on PEPE netted him a 10% gain—on paper. But the volatile nature of

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