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「James Wynn」 Liquidates PEPE and ETH Long Positions, Exits with $20,000 Profit
BlockBeats News, January 15th, according to Hyperinsight monitoring, trader James Wynn (0x507), who was once close to "bankruptcy," today liquidated all his PEPE and ETH long positions on Hyperliquid, and withdrew most of the funds from the platform, about $41,000. Of this amount, the PEPE long position made a profit of about $110,000, while the ETH long position incurred a loss of $160,000.
The account initially started longing PEPE with about $20,000, and the account funds once surged to a high of $900,000. However, on January 8th, his positions experienced 12 consecutive liquidations, with the position size halved multiple times. Finally, during today's market rally, he exited the market and realized a final profit of about $20,000.
It is worth mentioning that on January 1st this year, James Wynn publicly predicted that the PEPE market cap would exceed $69 billion by 2026, and promised to delete his social account if it did not happen. Currently, the PEPE market cap is about $25.4 billion.
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