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MainNewsJames Wynn B...

James Wynn Bounces Back With $2 Million Profit, Here’s How He Did It


by Coin Edition
for CoinEdition
A profile of controversial crypto trader James Wynn, detailing his recent $100 million loss and his quick return to trading.
  • Wynn’s new wallet opened high-leverage longs on Bitcoin and PEPE.
  • The wallet shows over $2 million in unrealized profits so far.
  • Wynn had lost $100 million in May but still holds 770 Bitcoin.

Just days after losing nearly $100 million in a single trade, crypto trader James Wynn is back in the spotlight and this time, a new high-leverage bet is already showing over $2 million in profit.

According to fresh on-chain data, a new wallet suspected to belong to Wynn was created just six days ago. In true James Wynn fashion, it didn’t take long for the high-leverage trades to start rolling in. The wallet reportedly opened a 40x long position on Bitcoin and a 10x long on meme favorite PEPE.

The new wallet address 0xbc47, linked to Wynn, currently holds unrealized profits exceeding $2 million. Recent transactions show he closed long positions on kPEPE perpetuals worth $1 millio…

The post James Wynn Bounces Back With $2 Million Profit, Here’s How He Did It appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsJames Wynn B...

James Wynn Bounces Back With $2 Million Profit, Here’s How He Did It


by Coin Edition
for CoinEdition
A profile of controversial crypto trader James Wynn, detailing his recent $100 million loss and his quick return to trading.
  • Wynn’s new wallet opened high-leverage longs on Bitcoin and PEPE.
  • The wallet shows over $2 million in unrealized profits so far.
  • Wynn had lost $100 million in May but still holds 770 Bitcoin.

Just days after losing nearly $100 million in a single trade, crypto trader James Wynn is back in the spotlight and this time, a new high-leverage bet is already showing over $2 million in profit.

According to fresh on-chain data, a new wallet suspected to belong to Wynn was created just six days ago. In true James Wynn fashion, it didn’t take long for the high-leverage trades to start rolling in. The wallet reportedly opened a 40x long position on Bitcoin and a 10x long on meme favorite PEPE.

The new wallet address 0xbc47, linked to Wynn, currently holds unrealized profits exceeding $2 million. Recent transactions show he closed long positions on kPEPE perpetuals worth $1 millio…

The post James Wynn Bounces Back With $2 Million Profit, Here’s How He Did It appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Will Rally as U.S. Growth Improves, Crypto Bills Progress: Coinbase Research

Bitcoin Will Rally as U.S. Growth Improves, Crypto Bills Progress: Coinbase Research

U.S. economic resilience and stablecoin legislation will drive optimism for BTC, with...
Bitcoin Eyes Next Surge: Bullish Structure Holds Above $106K Amid Geopolitical Tensions and Historical Cycles

Bitcoin Eyes Next Surge: Bullish Structure Holds Above $106K Amid Geopolitical Tensions and Historical Cycles

Bitcoin remains in focus as it trades near $107,000, sparking debate on whether the n...