Express
James Wynn liquidates PEPE and ETH long positions, exits with $20,000 profit
Summary: According to Hyperinsight monitoring, trader James Wynn (0x507), who was on the brink of bankruptcy, liquidated all his PEPE and ETH long positions on Hyperliquid today, withdrawing most of his funds from the platform, approximately $41,000. His PEPE long position yielded around $110,000 in profit, while the ETH long position incurred a $160,000 loss. Starting ...
According to Hyperinsight monitoring, trader James Wynn (0x507), who was on the brink of bankruptcy, liquidated all his PEPE and ETH long positions on Hyperliquid today, withdrawing most of his funds from the platform, approximately $41,000. His PEPE long position yielded around $110,000 in profit, while the ETH long position incurred a $160,000 loss.
Starting with around $20,000, the account initially went long on PEPE, with funds climbing to a high of $900,000. However, on January 8th, his positions faced 12 consecutive liquidations, with the scale being halved multiple times. He ultimately liquidated and exited during today's market rally, realizing a final profit of around $20,000.
It is worth noting that on January 1st this year, James Wynn publicly predicted that the market value of PEPE would surpass $69 billion by 2026, and vowed to delete his social media account if it did not happen. Currently, the market value of PEPE is around $25.4 billion.
Tags:
Link: James Wynn liquidates PEPE and ETH long positions, exits with $20,000 profit [Copy]
