James Wayne, a well -known encryption trader, began his highly highly encrypted betting, two main positions, including 25x on the ether and 10x length on Pepe.
According to UNChen DataThe position of Wynn’s ETHER (ETH) reaches 3,269 ETH, at a value of about $ 12.12 million, at an entry price of $ 3,726.28. Kpepe (the name of $ Pepe-Usd futures on hyperliquid) extends for an amazing period of 812.16 million icons, at a value of approximately $ 11.28 million with an average entry of $ 0.01358.
At the time of writing this report, Wynn was sitting on an unlimited profit worth $ 251,617 from its Pepe website, while its ETH bet is currently decreasing more than $ 62,700. The ETH trade faces the filter at $ 3,492.8, while the Pepe mode liquidation level sits at $ 0.012998.
Wynn has entered parking after depositing 536,573 USDC (USDC) to liquid height, which is a permanent and decentralized exchange.
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Wynn returns to high -level encryption trading
Earlier this month, Win seems to have disappeared from social media after suffering catastrophic losses. His X, which was under the “Jameswynnreal” handle, was removed on July 13, and his last vital update simply read “Broke”.
However, Trader Cryptocurrency achieved returning last week, opening two high -ranking sites. Its 40x deals on Bitcoin (BTC) included a value of more than $ 19.5 million and 10x on Memecoin Pepe (PEPE) with more than $ 100,000.
Wynn rose for the first time after Bitcoin’s $ 100 million betting on May 30 was filtered, followed by another huge loss of $ 25 million from second place on June 5. He claimed that his liquidation levels were deliberately targeted by the main players in the market.
“Beautiful Time of 40x”, Win wrote in x mail Tuesday. “Never do a financial advice, but MM’s is outside the weapon powder,” he added.
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Press the short ether
Wynn’s bold bet on ETH comes with a distinctive symbol in July, which led to one of the largest short pressure on the date of encryption, according to Copsy. ETH has gained 20 % a week and added more than $ 150 billion to the market ceiling since July 1.
As ETH/USD approaches $ 3,700 and looks to its highest levels in 2025, analysts expect 4000 dollars to come soon. Kobeissi estimates that another 10 % price gain can filter an additional billion dollars in short positions, especially what is used.
Meanwhile, the dominance of the market in Bitcoin has decreased to 61.4 %, the lowest level since March, as merchants revolve in Altcoins such as ETH and XRP.
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