2026-01-04 13:25:02

On-chain activity tracking shows that from 10:00 AM to 8:00 PM today, the signals for large traders adjusting their positions have become particularly active. On the bullish side, the well-known "Bankrupt Whale" James Wynn has recently been quite aggressive with PEPE—achieving a floating profit of $480,000 in just one week and opening a new 40x leveraged BTC long position, with this position alone costing $5.06 million. Additionally, there is an even more outrageous whale who, after losing $470,000 on ETH longs, directly switched to going long PEPE, with the current position reaching $12.8 million, making it the largest PEPE long on-chain.

On the bearish side, there are also signs of activity. The swing whale "pension-usdt.eth" has officially entered the market to short ETH, with an average entry price of $3,142.76. Meanwhile, the Paradigm-related address has unstaked 16,000 ETH and transferred it all to a compliant platform. There are also whales continuously increasing their short positions on BTC and ETH, with the total holdings reaching around $109 million. Both bulls and bears are increasing their stakes, indicating a clear shift in market sentiment.

PEPE1.83%

BTC4.39%

ETH3.53%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
9
Repost
Share

Comment

0/400

RektButStillHere

· 01-07 10:21

Bankrupt and still dare to open 40x positions, this guy is really ruthless. PEPE has really taken off this wave, with a long position of $12.8 million, indicating that big players trust it. Are the shorts also starting to move? Feels like we need to watch the market carefully this time. The signal of Paradigm canceling the pledge is interesting, are they about to retreat? Shorts worth $1.09 billion... Really? Both bulls and bears are so fierce, is the market about to explode? This is what is called a big player game, and we retail investors are just here to watch the fun. PEPE made a fortune of 480,000, truly the chosen one if you bet right. Wait, this guy previously lost 470,000 ETH but managed to recover? How strong must his mindset be? On-chain big players move, and small accounts like ours have to keep an eye on it, afraid of missing something.

View OriginalReply0

OffchainWinner

· 01-06 23:04

James Wynn is back to showing off his moves? He sold PEPE for 480,000 and still wants to keep going? Unbelievable. The bears are also starting to stir, is this a sign of a reversal? Throwing 5.06 million on BTC with 40x leverage, how bold is that gamble... Paradigm withdraws stake to switch to a compliant platform? Something feels off. A long position of 12.8 million in PEPE, still adding more after losing? Their courage is really impressive. A short position of 109 million, this is definitely a fight. Both bulls and bears are increasing their positions, who will break first?

View OriginalReply0

MoonRocketTeam

· 01-05 06:06

A bankrupt whale is playing with 40x leverage—are they betting on a gradual rise or just igniting a fire to burn everything down? --- PEPE shifted from losses to betting 12.8 million. This counter-move is truly incredible—how desperate must one be to operate in such a contrarian way? --- The short alliance with a volume of $109 million—are they trying to send the longs to space or just going to be buried together? --- Paradigm canceled staking and shifted to a compliant platform. What signal does this imply, or is it simply trying to change course? --- Daring to leverage with a weekly floating profit of 480,000—this guy must have excess dopamine secretion. Now it’s all about whether they can land safely. --- Both longs and shorts are increasing their positions. Is the market betting on both sides? It feels like someone is going to get caught very deep. --- Today, on-chain whales are so active. Retail investors should be cautious when following the trend—they might easily become prey.

View OriginalReply0

GasFeeTears

· 01-04 13:53

James Wynn is causing trouble again; this guy is really a rookie trapper reborn. Shorts worth $109 million are waiting to be blown up. PEPE's recent hype is not far from the peak; I bet five dollars. So many big players adjusting their positions simultaneously—something big might be happening. The bankrupt whale turning to PEPE suggests BTC might be about to adjust. A $12.8 million single-asset holding—where is the risk management? Paradigm is removing staking and moving to compliant platforms—are institutions retreating? This rhythm is a bit like the end of the 2021 bull market. The battle between bulls and bears is intense; retail investors should just play it safe with mainstream coins.

View OriginalReply0

BlockchainFoodie

· 01-04 13:53

yo this market is literally a michelin-star kitchen rn — some chefs throwing everything at the flame while others are prepping their mise en place for the short game... james wynn's pepe recipe just hit 480k garnish in a week, that's some serious farm-to-fork execution ngl

Reply0

BearMarketNoodler

· 01-04 13:53

The bankrupt kid is gambling on PEPE again... Is this time going to lose all the remaining?

View OriginalReply0

CryptoHistoryClass

· 01-04 13:43

statistically speaking, this is exactly how the dot-com bubble played out in '99... big money moving positions frantically usually precedes the capitulation phase. history rhymes, and those charts from the $LUNA collapse? *checks notes* uncannily similar pattern right here.

Reply0

MondayYoloFridayCry

· 01-04 13:37

What are the big players playing today? Each one more aggressive than the last... --- The bankruptcy guy is again showing a floating profit of 480,000. Is it real? So fierce? --- There is actually a large order of 12.8 million on PEPE... How crazy is that... --- The bears are starting to gain momentum. It feels like the trend is about to change. --- That pension's entry price looks a bit suspicious. How will it go later? --- The matter of Paradigm withdrawing collateral is interesting. Is something going to happen? --- An open position of 109 million... I almost want to take off my pants. --- Both bulls and bears are increasing their positions. What does this rhythm indicate? Is a big move coming? --- The PEPE bulls are so fierce, it feels like someone is about to get caught in a trap. --- Throwing 5.06 million on BTC with 40x leverage. This guy really dares to play.

View OriginalReply0

DegenDreamer

· 01-04 13:36

Lost 470,000 and still dares to buy 12.8 million PEPE long. I really can't learn this mindset. Wait, did the whale in pension sell 16,000 ETH collateralized? What are they preparing to do? James Wynn with 40x leverage on BTC—this guy really isn’t afraid of death. Are both longs and shorts so aggressive? Feels like a major event is coming soon. The biggest PEPE long positions are already this large—does anyone still dare to oppose? Major investors are becoming active together. I, as a small retail investor, really can't understand when to move. 1.09 billion in shorts... how bearish does that look? Or are they just setting up something? Feels like this wave of the market is about to reverse. Should we also adjust our positions and give it a try?

View OriginalReply0