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PEPE Trader James Wynn Faces Another Liquidation Amid Market Volatility

PEPE Trader James Wynn Faces Another Liquidation Amid Market Volatility

Author:
PEPE News
Published:
2025-11-06 16:00:23
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[TRADE_PLUGIN]PEPEUSDT,PEPEUSDT[/TRADE_PLUGIN]

Pseudonymous high-leverage crypto trader James Wynn has once again made headlines after his latest 10x long position on the meme token PEPE was liquidated within hours. This marks another chapter in Wynn's turbulent trading journey, where he has repeatedly seen massive gains and losses in perpetual futures markets. On-chain analytics platform Lookonchain reported the incident, highlighting the risks of high-leverage trading in the volatile crypto market. As of November 2025, Wynn's streak of costly missteps serves as a cautionary tale for traders chasing high-risk, high-reward strategies in meme coins like PEPE.

Pseudonymous Trader James Wynn Faces Another Liquidation in Volatile PEPE Trade

Pseudonymous high-leverage crypto trader James Wynn has once again captured market attention after reopening a 10x long position on meme token PEPE, only to face another brutal liquidation within hours. The latest setback extends a streak of costly missteps in perpetual futures markets, where Wynn has repeatedly gained and lost hundreds of millions.

On-chain analytics platform Lookonchain reported Wynn's complete liquidation during the recent market downturn, which also partially wiped out fellow trader Machi Big Brother—now down over $53 million on Hyperliquid in the past month. The rapid succession of liquidations underscores the extreme volatility plaguing both blue-chip cryptocurrencies and meme coins.

Bubblemap's recent analysis adds controversy, suggesting Wynn's YEPE token venture may follow questionable patterns. Market observers note the trader's persistence resembles gambling behavior, with Lookonchain quipping: "These two are like brothers in arms—never giving up on their longs, yet always getting wiped out."

PEPE Price Prediction: Memecoin Tests Key Support Amid Market Sell-Off

PEPE, the frog-themed memecoin, plunged 10% amid a broader crypto market downturn, revisiting a critical seven-month support level at $0.0000055871. Historical patterns suggest this zone has previously catalyzed 100% rebounds, sparking debate among traders about a potential repeat.

Analysts highlight a developing reversal pattern, with prominent whale accounts noting oversold conditions reminiscent of September 2023—when Pepe defied bearish sentiment with a sudden V-shaped recovery. The coin remains down 39% monthly, yet technical traders are monitoring for confirmation of a relief rally.

Pepe Price Prediction: Flash Crash Sparks 20% Drop Amid Bullish Reversal Signals

PEPE, the underperforming meme coin of 2025, has plunged 72% year-to-date before finding tentative footing at a critical support level of $0.0000055. The token's 20% weekly decline contrasts sharply with sustained trading volume hitting $680 million—equivalent to 29% of its circulating market cap.

Market dynamics suggest capitulation may be nearing. Open interest in PEPE futures has collapsed to April lows, mirroring conditions preceding historical reversals. Technical analysis indicates a potential inflection point, with a rebound toward $0.0000090 representing the first step toward a 380% upside target at $0.000025.

The high-volume selloff shows characteristics of a flushing event rather than structural weakness. Traders note PEPE's April bottom formed NEAR current levels, creating a symmetry that often precedes violent countertrend rallies in meme assets.

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