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Just stopped loss on long order》Trader James Wynn takes the opposite position with 40x leverage, shorting $370 million Bitcoin
James Wynn, a recently profitable trader at Hyperliquid, opened a backhand short position worth more than $377 million with 40x leverage a few hours ago after closing a $1.2 billion Bitcoin position this morning. (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 is James Wynn now spurned by the community) On-chain trader James Wynn, after closing a long position worth $1.2 billion worth of BTC in Hyperliquid this morning, losing about $13.39 million, began to backhand short a few hours ago and continued to increase his position. By 6 p.m., its short position had exceeded $377 million, with leverage of up to 40 times. James Wynn (@JamesWynnReal) returns, now with a $BTC short position using 40x leverage, valued at over $377M. pic.twitter.com/786SM0N5Br — Onchain Lens (@OnchainLens) May 25, 2025 Bitcoin briefly fell below $107,000 At present, the price of Bitcoin continues to fluctuate at $10.7~$109,000, and it fell to $106,700 earlier and then quickly pulled back, and was reported before the deadline At $107,337, not much volatility. Once again, although James Wynn's trading profits are amazing, but the average investor must not ignore the huge risk of his way of operation, for the vast majority of ordinary investors with limited risk tolerance and lack of professional market knowledge, blindly imitating such high-risk, high-leverage trading strategies is very likely to lead to unbearable capital losses. In the vernacular, if you haven't practiced, you really can't learn, and tracking his wallet may also be cut! PEPE trading legend James Wynn is known as a meme coin legend, and 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 skyrocketed again, the third generation doll sale was snapped up "Just stop long order" trader James Wynn backhand 40 times leverage to open short $370 million bitcoin" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".