Trader James Wynn Faces Second PEPE Liquidation Within 6 Hours

Gate News bot message, James Wynn (@JamesWynnReal) experienced multiple liquidations on his PEPE positions. Following a complete liquidation of his initial position, Wynn reopened a 10x leveraged long position. Within less than 6 hours, this new position faced partial liquidation as well. The remaining position stands at 39.2M kPEPE, valued at $271K.

According to Lookonchain’s October 16 report, a market downturn resulted in the liquidation of Wynn’s positions and partially affected trader @machibigbrother, who recorded losses exceeding $53M on Hyperliquid over the past month.