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「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.
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