「Bust」 trader James Wynn turned his $20,000 capital into $600,000 starting this month, reaching a peak return of 40x this morning
BlockBeats News, January 5th, according to Coinbob Popular Address Monitoring, the trader James Wynn (0x507), who was once close to "bankruptcy," has recently made a substantial profit. Since the beginning of this month, with an initial investment of about $20,000, he has longed PEPE through leverage and opened a BTC long position through repositioning, currently pushing the account value to $620,000. This morning, the account value peaked at $800,000 but has not been closed. The current total position size is about $13.95 million, with the main positions as follows:
40x BTC Long: Position size $11.5 million, unrealized profit $150,000 (52%), average price $91,300, liquidation price $89,600;
10x kPEPE Long: Position size $2.45 million, unrealized profit $450,000 (182%), average price $0.0055, liquidation price $0.0057;
According to Coinbob monitoring, his sub-address (0x8da) has also seen a profit of over 50% this month, currently holding BTC, HYPE, XRP long positions, with a total position size of $7.02 million, and an overall unrealized profit of $390,000 (154%). On January 1st, James Wynn publicly predicted that the market cap of PEPE would exceed $69 billion by 2026 and promised to delete his social account if it did not happen, with the current market cap at around $2.8 billion.
You may also like
Best AI Crypto Trading Bot? Inside the AI Trading System That Ranked Top 3 on WEEX
Discover the best AI crypto trading bot on WEEX. Learn how AI trading works, how to trade automatically, and why this system stands out among top AI trading apps.

How to Trade Cryptocurrency Without App Store: Instant Browser Crypto Trading on WEEX
Trade crypto instantly without downloading an app. Use WEEX H5 to access spot and futures trading directly in your browser with fast execution, real-time risk control, and seamless experience across mobile, tablet, and desktop. Supports Bitcoin, Ethereum, and more.

From OKX to Bybit, exchanges are changing tires on the highway at high speed

A Brief History and Future of Perpetual Contracts

AI Agent Gets ID and Wallet on the Same Day | Rewire News Morning Brief

IOSG: Power Flexibility Paradigm Shift: From Macro Assets to Distributed Intelligence Layer

Murata 35% Price Increase Explained: A Capacitor that Gives AI Empire a Cold

MiniMax: A Henan County Youth and His 300 Billion

From Abandoned Project to Sky-High Target, Mastercorp Acquires BVNK for $1.8 Billion

Is Polymarket's Pricing Accurate? I Simulated a Crisis with 200 Agents to Find Out

A Decade of Regulation Finally Clarified, Victory for Crypto-Native Logic

The United States Establishes the "Five Categories Law" for Cryptographic Assets: A Summary to Understand the New Regulatory Framework

Morning Report | Mastercard plans to acquire BVNK for up to $1.8 billion; Solana Foundation launches aggregator Tokens on Solana; Bitcoin sees its first 8 consecutive rises in four years

Aster Chain officially launches: defining a new era of on-chain privacy and transparency

Stargate Debut Illustrated: The 1.4 Trillion Computing Power Empire Dream, Awakened

A Billion-Dollar Life Buy Threat Triggered by an Iranian Missile

BlackRock Launches ETHB: Ethereum ETF Enters 'Interest-Bearing Age'

Nvidia Starts Putting Chips in the Road | Rewire News Evening Update
Best AI Crypto Trading Bot? Inside the AI Trading System That Ranked Top 3 on WEEX
Discover the best AI crypto trading bot on WEEX. Learn how AI trading works, how to trade automatically, and why this system stands out among top AI trading apps.
How to Trade Cryptocurrency Without App Store: Instant Browser Crypto Trading on WEEX
Trade crypto instantly without downloading an app. Use WEEX H5 to access spot and futures trading directly in your browser with fast execution, real-time risk control, and seamless experience across mobile, tablet, and desktop. Supports Bitcoin, Ethereum, and more.