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

• 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…

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