There is a story about a trader worth sharing. This guy is named James Wynn, account address 0x507, who initially deposited $20,000 on Hyperliquid to go long on PEPE. At first, he was lucky, and his account skyrocketed to a high of $900,000, and he must have been very proud at that time.



But the turning point came quickly. On January 8th, his position experienced 12 consecutive liquidations. Imagine how that felt—one after another of margin calls, his account size being cut in half repeatedly, dropping from $900,000 to almost nothing. It looked like it was about to be wiped out completely.

The good news is that he survived. During the recent market rally, he chose to exit completely. Today, he closed all PEPE and ETH long positions, withdrawing about $41,000 from the platform. The final account result: PEPE made a profit of $110,000, but ETH lost $160,000, so overall, he still made about $20,000.

Interestingly, on January 1st, he even boasted on social media that PEPE's market cap could surpass $69 billion by 2026, and he boldly said he would delete his account if it didn't happen. Now, PEPE's market cap is at $2.54 billion, so it seems there's still a long way to go.
PEPE-2,85%
ETH0,35%
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SolidityNewbievip
· 01-18 04:48
900,000 on the verge of zeroing out and bouncing back... How strong must the heart be? If it were me, I would have lost my mind long ago.
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MetaNeighborvip
· 01-18 03:12
900,000 to zero and then back to profit... How strong must that mentality be? I'm afraid my mindset would have collapsed long ago.
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LiquidationTherapistvip
· 01-18 03:03
900,000 almost wiped out and then survived to tell the tale, how strong must this heart be... But in the end, it still ended with a positive return, this guy's luck is really not bad. Being called a full retreat sounds good, but being called forced stop-loss sounds bad. The 12 liquidations on January 8 must have been incredibly desperate. A net profit of $20,000 doesn't seem like much, but being able to turn around from the gates of hell and break even is already considered a win, much better than the brothers who got liquidated next door. A market cap of 69 billion in 2026... Bro, that's an exaggeration. It's only 2.54 billion now, and you want to multiply it by 27? That flag is a bit outlandish. Clearing out and taking the profit shows that this guy still has self-awareness, smarter than those stubborn leek investors who hold on to losses.
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BackrowObservervip
· 01-15 10:49
Haha, this guy really can hold on; he didn't run even after 12 consecutive liquidations. --- From nearly zero to 900,000 and then climbing back up—what kind of mental resilience is that? --- Turned 20,000 into 900,000 and then was knocked back to the original state. Honestly, it's the leverage that doesn't play favorites. --- Honestly, PEPE reaching 69 billion? First, let's just preserve this 40,000 bucks, brother. --- Smarter than most in terms of capacity, knowing when to fully retreat. That's much better than stubbornly holding on. --- Lost 160,000 ETH but earned 110,000 PEPE, and finally managed to withdraw 41,000... Hedging was pretty good. --- Making big claims on January 1st and now getting slapped in the face—that's a common problem among Web3 folks. --- After 12 consecutive liquidations, he probably already feels hopeless.
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ChainWallflowervip
· 01-15 10:46
900,000 almost wiped out and then turned around, how strong must one's mental resilience be... 12 liquidation events and I just gave up.
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PancakeFlippavip
· 01-15 10:39
Haha, this guy knows when to stop. From 900,000 to 20,000, just being able to withdraw alive already makes him a winner.
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ImaginaryWhalevip
· 01-15 10:37
900k dropped to almost nothing... that's crypto for you. Damn thrilling.
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HalfIsEmptyvip
· 01-15 10:36
This guy is a typical case of greed taking over. He didn't run when it was at 900,000, and only woke up when it was on the verge of zeroing out. Serves him right. Surviving 12 margin calls is really lucky. But in the end, he only made 20,000 yuan. That efficiency is truly outrageous. Predicting a market cap of 69 billion yuan—who even says that? Tsk tsk, this is exactly why most people can't succeed in trading. His move is actually a perfect demonstration of gambler's mentality, a post-roulette syndrome. If you ask me, PEPE is basically gambling. Don't be fooled by those stories of sudden wealth. Pulling out is already good. Many people have really lost everything, but at least this guy has managed to survive a bit.
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CryptoPunstervip
· 01-15 10:35
Laughing all the way to the loss on this one, truly a model. From 900,000 to nearly zero and then bouncing back with 20,000, this move can be called a textbook example of "survivor bias." Making 110,000 but losing 160,000 and finally pocketing 20,000? Bro, are you doing math problems or playing roulette? On January 1st, claiming a market cap of 69 billion and planning to cancel accounts by 2026, now PEPE with 2.54 billion is just quietly waiting. I just want to know why this guy isn't bragging anymore. 12 consecutive liquidations directly maxed out—what kind of mental resilience does it take to laugh and survive? Truly impressive, and truly crazy. The standard script for a all-in dreamer: high position pride → sharp decline despair → lucky survival → bragging. The cycle is getting shorter; next time, this guy should change his dream. When calmly withdrawing 41,000, I don't know if I should be glad or regret not holding on until the end. Anyway, in Hyperliquid's battlefield, just surviving is already a win.
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