Crypto Whale Bets Big: 40X Leverage on Bitcoin, 10X on PEPE—Because YOLO Still Works in 2025
A Hyperliquid whale named James Wynn just went full degem—slapping a 40X long on Bitcoin and a 10X long on PEPE coin. Because nothing says ''rational market participant'' like treating crypto like a roulette wheel.
Bitcoin maximalists will nod approvingly at the BTC play, while meme-coin skeptics get fresh ammo. Meanwhile, the rest of Wall Street still can''t decide if this is genius or a future case study in leverage-induced implosion.
Bonus jab: At least he didn''t use a bank loan for this one—progress, right?
James Wynn Long on Bitcoin After Recent Liquidation
James Wynn has reportedly created a new wallet six days ago, after claiming that other traders are targeting him, causing liquidations. “I’m back in the casino under an alt account so the cabal market makers can’t find me,” he said.
According to an X post by Lookonchain on June 11, James Wynn has continued making bets on Bitcoin and Pepe Coin, going 40x long on BTC and 10x long on Pepe Coin.
The new wallet address 0xbc47 linked to James Wynn currently has an unrealized profit exceeding $2 million. Latest transactions revealed he has closed long positions on kPEPE perpetuals worth $1 million.
Whales Buying Bitcoin Heavily
According to Arkham data, a whale bc1q57 withdrew 307.5 BTC worth nearly $33.79 million from crypto exchange Binance today. It now holds 2,307 BTC worth $252.86 million, with an unrealized profit of almost $79.05 million.
Moreover, another whale 0x1f25 deposited 7.5 million USDC stablecoins to Hyperliquid to keep going long on Bitcoin, noted Lookonchain. The whale deposited another 2.35 million USDC, with unrealized profit exceeding $5.72 million.
Mystery Whale 0x1f25 deposited another 7.5M $USDC to Hyperliquid to keep going long on $BTC.
Current position: 3,686 $BTC($405.9M)
Liquidation price: $105,370
PNL: +$5.72Mhttps://t.co/RznBXg0kxX pic.twitter.com/kMC3XwFGfF
At the time of writing, Bitcoin price trading sideways in the last 24 hours, with the price currently trading at $109,438. Investors are awaiting the US CPI inflation data release by the US Department of Labor Statistics at 6 PM UTC today.
On the other hand, Pepe Coin price is up 1.50% in the last 24 hours and nearly 3% in a week, with the price currently trading at $0.00001280. Moreover, the trading volume has jumped 32% over the past 24 hours, indicating a rise in interest among traders.
