In the grand theater of life, where fortunes are made and lost with the flick of a finger, one James Wynn has recently seized the spotlight. With a staggering $1.1 billion long position on BTCPERP through the enigmatic HyperLiquid, one must ponder: who is this audacious trader, and what other high-stakes gambits has he embarked upon? More intriguingly, which coin has captured his fervent attention now?
James Wynn, a self-proclaimed “high-risk leverage trader and memecoin maxi” on X, has woven a tale of ambition and risk. He commenced this audacious venture with a mere $400K margin, a sum that seems paltry in the grand scheme of his current exploits. Over the span of five days, he has artfully escalated his exposure, leveraging it a remarkable 40 times to command a $1.1 billion bet. His entry point? A modest average BTC price of approximately $108K, as chronicled by the ever-watchful Coinglass.
Yet, as with all great tales, volatility has been his companion. At one moment, his position basked in the glow of a paper profit of $17 million, only to be swiftly followed by the dark cloud of a $15.6 million unrealized loss. However, fortune has smiled upon him once more, as his position now boasts a profit of approximately $14 million, with Bitcoin dancing above the $110K mark. His liquidation price, a precarious $95,805, suggests that for now, he remains unscathed.
Wynn’s journey on HyperLiquid began a mere two months ago, during which he has executed 32 leveraged trades across a myriad of currencies. Among these, he has dabbled in the whimsical realms of Fartcoin (FARTCOIN) and Official Trump (TRUMP), reaping rewards of $4.8 million and $6.8 million, respectively, earlier this month. Such is the nature of the crypto world, where the absurd often mingles with the lucrative.
With an eye for opportunity, Wynn claims to have recognized the potential of Pepe coin (PEPE) when its market cap languished at a mere $600K. A true visionary, or perhaps just lucky? His latest venture, Moonpig (MOONPIG), an $80M market cap memecoin, is currently soaring with a 120% rally at the time of this writing.
I was born in the trenches.
Scraping by week by week for a 2x here and 4x there.
Then the #1 meme in the world propped up in front of me on iToken as I was looking for micro cap meme coins.
Loved it, community formed right away with belief, I knew it was the one.
Aped…
— James Wynn 🐳 (@JamesWynnReal) May 22, 2025
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2025-05-22 15:07