Crypto trader James Wynn, who recently went long Bitcoin long Pepe Coin

This move came shortly after Wynn closed all his positions when the price of BTC started fluctuating in the range of $108K to $112K.

Jakarta, Pintu News – Crypto trader James Wynn, who was recently popular for going long Bitcoin (BTC) at $108K and later opening a 10x leverage long position on Pepe Coin (PEPE), has decided to close all his positions.

This move came shortly after Wynn closed all his positions when the price of BTC started fluctuating in the range of $108K to $112K.

After making a big bet on decentralized derivatives platform Hyperliquid (HYPE), Wynn managed to pocket a profit of $25 million from his investment in Bitcoin, and has already earned an additional $200K from investing in the meme coin.

Crypto Trader James Wynn Opens 10x Leverage Long Position on PEPE

Renowned crypto trader James Wynn made another bold move by going long on the PEPE meme coin using 10x leverage on the Hyperliquid platform.

Read also: PEPE Coin Set to Soar? Fresh Analysis Sparks New Hope for Investors

Previously, Wynn has had great success from similar bets, pocketing a profit of $26 million from a long PEPE trade.

Ok so left a milly in my perps account. Put it all on $pepe 10x leverage. Up $200k in just a few hours. But man, the itch to open up a billion dollar long and go full degen gambler is calling hahaha… I will not do it. Gotta get back to my people in the trenches. It’s where I belong

After making a bold move by going long on Pepe Coin (PEPE) with 10x leverage on the Hyperliquid platform, renowned crypto trader James Wynn has managed to earn an impressive profit of $200,000 in just a few hours.

However, despite the gains, Wynn is planning to close all his positions and return to his "people in the trenches."

Earlier this week, Wynn had a setback when he lost a $1 billion short position on Bitcoin after the cryptocurrency experienced a slight recovery.

However, in a surprising turn of events, the crypto trader decided to walk away from the casino with a profit of $25 million.

”To all the fans and haters: We’ve had a great time gambling on the perpetual market. At its peak, my account recorded a profit of $87,000,000 from a capital of about $3-$4m. Now I’ve decided to exit the casino with a profit of $25 million. It’s been fun, but it’s time for me to step down as a winner. Wynn 1-0 Haters.”

Hyperliquids are Growing in Popularity in the Crypto World

In an impressive trading activity, James Wynn has made 38 transactions over the past 75 days. Of these, 17 trades managed to post a profit, resulting in a win rate of 45%.

Read also: Hyperliquid Price Prediction: HYPE Skyrockets to All-Time High – Is $45 the Next Stop?

Wynn’s large-scale trading activities also contributed around $2.31 million in fees to the Hyperliquid platform. As a result, Hyperliquid managed to surpass big players like Tron (TRX) and Frax Share (FXS) in terms of 24-hour trading volume on major exchanges.

Hyperliquid (HYPE) token price rose another 12% today, extending its weekly gain to 50% and setting a new record high of $40. Based on HYPE price prediction data, this rally is expected to continue until it reaches $45 in June.

Hyperliquid has now cemented its position as the go-to platform for the crypto community in the derivatives market. By utilizing the advanced Web3 infrastructure, the platform allows users to access and monitor on-chain activities directly connected to trading operations.

Legendary trader Arthur Hayes even predicted HYPE prices could soar to $100 in this ongoing rally.

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