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Whale James Wynn cut loss and closed position on 1.2 billion dollars long order of Bitcoin: You must know when to hold on and when to give up.
James Wynn, a trader who recently made a huge profit at Hyperliquid, closed his position worth $1.2 billion worth of Bitcoin this morning and expressed his thoughts on investment mindset on X. (Synopsis: Trader James Wynn's high leverage saga at Hyperliquid: from 6 million to 43 million magnesium) (Background added: Heavy PEPE made $25 million!) Why James Wynn is now spurned by the community) James Wynn, a recent on-chain trader who has attracted much attention, was found to have closed a $1.2 billion BTC long position on Hyperliquid this morning. The trade opened an average of $108,921 and closed at an average of $107,746, resulting in a single loss of approximately $13.39 million. However, on-chain analyst Ember said that although the operation was closed at a loss, James Wynn's overall trading still achieved a net profit of about $8.45 million if combined with his multiple BTC trading records in the past few days. It is worth noting that James Wynn only predicted yesterday that the BTC price will reach 11.8~121,000 US dollars next week, and now he has resolutely closed his position, perhaps discovering some change in market conditions.... Whale's Abacus: Wynn's Billion-dollar Operation Mentality Regarding the considerations behind the community's discussion of his move to cut meat and close his position, James Wynn posted at X at eight o'clock earlier: You have to know when to persevere Know when to give up Know when to leave And know when to run You never count money When you're sitting at the table There's plenty of time to count When the transaction is completed You got to know when to hold 'emKnow when to fold 'emKnow when to walk awayAnd know when to runYou never count your moneyWhen you’re sittin’ at the tableThere’ll be time enough for countin’When the dealin’s done — James Wynn (@JamesWynnReal) May 25, 2025 Bitcoin falls below $108,000 Despite James Wynn's amazing trading achievements, the average investor must not ignore the huge risks of his operation, for the vast majority of ordinary investors with limited risk tolerance and lack of professional market knowledge, blindly imitating such high-risk, Trading strategies with high leverage are very likely to lead to unbearable loss of funds. In the vernacular, if you haven't practiced, you really can't learn, and tracking his wallet may also be cut! As for the bitcoin price, the BTC price continued to fluctuate at $10.7~$109,000 on Saturday, and is now trading at $107,746 before the deadline. PEPE trading legend James Wynn is known as a meme coin legend because his indissoluble relationship with PEPE began in 2023. At the time, he invested PEPE with an initial principal of just $7,000. With a precise grasp of market timing, more than 10 trillion PEPE tokens were successfully operated between April and May 2023, rolling over the initial $7,000 to a staggering profit of about $25 million. After a lull, Wynn recently closed his PEPE position again, between May 14 and 24, 2025, and this transaction once again brought him a huge return of about $25.18 million. The success of these two operations on PEPE has officially brought its total profit on a single cryptocurrency to more than $50 million. Despite the recent massive liquidation, Wynn has publicly stated in the past that he believes PEPE is still "grossly undervalued." Related stories Trump: The United States is the leader in Bitcoin, and he brought good news at the TRUMP Meme Dinner Party? Bubble Mart LABUBU Meme Coin soars again, third-generation doll sale snapped up "James Wynn Cuts Meat to Close $1.2 Billion Bitcoin Long Position: You Must Know When to Hold On and When to Give Up" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".