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From Bitcoin Billion-Dollar Bets to Pepe: James Wynn’s Latest Crypto Gamble

From Bitcoin Billion-Dollar Bets to Pepe: James Wynn’s Latest Crypto Gamble

Author:
Coindesk
Published:
2025-05-26 08:10:21
18
2

James Wynn, the Trader Who Bet $1B on Bitcoin, is Now Long Pepe

James Wynn—the trader who famously wagered $1 billion on Bitcoin’s rise—just flipped bullish on Pepe. Because nothing says ’mature market’ like meme coins catching fire with institutional whales.

Wynn’s pivot signals a market still chasing momentum, even as regulators sharpen their knives. Will Pepe’s frog-themed magic hold? Or is this another case of ’number go up’ logic?

One thing’s certain: in crypto, yesterday’s safe bet is tomorrow’s punchline.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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