James Wynn Is Back! Opens $4.8M Longs in BTC, PEPE, HYPE
The post James Wynn Is Back! Opens $4.8M Longs in BTC, PEPE, HYPE appeared on BitcoinEthereumNews.com.
James Wynn has reactivated his Hyperliquid account on October 14-15, 2025, depositing 197,000 USDC. In a lates crypto news update, He opened $4.8 million in leveraged long positions across Bitcoin, PEPE, and HYPE according to Lookonchain data. The return to Hyperliquid comes after months of publicly criticizing the platform while promoting competitor Aster. James Wynn Deposits 197K USDC and Claims Referral Rewards James Wynn deposited 197,000 USDC to Hyperliquid and claimed a $2,818 referral reward before opening his leveraged positions. The modest reward contrasts with his earlier public criticism that he only earned $34,000 total from referral commissions from driving massive traffic and volume to Hyperliquid. James Wynn’s USDC transfer The deposit is Wynn’s first major activity on the platform since July 2025 when he briefly deactivated his X account after changing his bio to “broke.” His wallet balances at that time had fallen to just $10,176 following the major May losses. The timing coincides with market recovery from recent tariff-driven crash that saw Bitcoin fall from to $104,000. The account reactivation follows months during which Wynn focused on competitor platform Aster and also publicly predicted Hyperliquid would “die a slow and painful death.” $3.85M Bitcoin Position Uses 40x Leverage James Wynn opened the largest position on Bitcoin with 34.2 BTC worth $3.85 million using 40x leverage. The extreme leverage means the position controls approximately $154 million in notional Bitcoin exposure. A 2.5% adverse price movement would liquidate the entire position under general leverage mechanics. James Wynn’s current Hyperliquid position The 40x leverage matches Wynn’s historical trading style characterized by extreme risk-taking. His March 2025 success made headlines in crypto news It involved turning $3 million into $100 million in one month using similar leverage multiples. Bitcoin price currently trades around $112,000, down from the October 7 all-time high of…
Filed under: News - @ October 15, 2025 1:28 pm