「Bust」 trader James Wynn turned his $20,000 capital into $600,000 starting this month, reaching a peak return of 40x this morning
BlockBeats News, January 5th, according to Coinbob Popular Address Monitoring, the trader James Wynn (0x507), who was once close to "bankruptcy," has recently made a substantial profit. Since the beginning of this month, with an initial investment of about $20,000, he has longed PEPE through leverage and opened a BTC long position through repositioning, currently pushing the account value to $620,000. This morning, the account value peaked at $800,000 but has not been closed. The current total position size is about $13.95 million, with the main positions as follows:
40x BTC Long: Position size $11.5 million, unrealized profit $150,000 (52%), average price $91,300, liquidation price $89,600;
10x kPEPE Long: Position size $2.45 million, unrealized profit $450,000 (182%), average price $0.0055, liquidation price $0.0057;
According to Coinbob monitoring, his sub-address (0x8da) has also seen a profit of over 50% this month, currently holding BTC, HYPE, XRP long positions, with a total position size of $7.02 million, and an overall unrealized profit of $390,000 (154%). On January 1st, James Wynn publicly predicted that the market cap of PEPE would exceed $69 billion by 2026 and promised to delete his social account if it did not happen, with the current market cap at around $2.8 billion.
You may also like

How Do Digital Assets Self-Custody? OpenAI Cofounder's 15-Step Checklist

Circle Product Management Director: The Future of Cross-Chain: Building an Interoperability Technology Stack for Internet Financial Systems
UCL Fan Tokens 2026 Guide: How to Trade UEFA Champions League Crypto with Zero Fees on WEEX
Discover UCL fan tokens like PSG, Barcelona, and Man City. Learn how to trade UEFA Champions League crypto with zero fees and earn rewards on WEEX.
WEEX Poker Party Season 2: Check How to Earn Crypto Rewards Now!
Learn how WEEX Poker Party Season 2 (Joker Card Event) works. Discover rules, scoring, rewards, and strategies to earn crypto rewards through gamified trading.

Yu Weiwen: Steady Development of Hong Kong's Compliant Stablecoin Ecosystem

After TACO Ceasefire, Iran War is Just on Pause

The 17-Year Mystery Will Be Solved, Who is Satoshi Nakamoto?

5 Minutes to Make AI Your Second Brain

Uniswap is trapped in an innovation dilemma

What is the key to competition in crypto banking?

The flow of stablecoins and the spillover effects in the foreign exchange market

After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut

The person who helped TAO rise by 90% has now single-handedly crashed the price again today

3-Minute Guide to Participating in the SpaceX IPO on Bitget

Top 5 Cryptos to Buy in 2026 Q1: A ChatGPT Deep Dive Analysis
Explore the top 5 cryptos to buy in Q1 2026 including BTC, ETH, SOL, TAO, and ONDO. See price outlooks, key narratives, and institutional catalysts shaping the next market move.

How to Earn $15,000 with Idle USDT Before Altcoin Season 2026
Wondering if altcoin season is coming in 2026? Get the latest market update, and learn how to turn your idle stablecoins waiting for entry into extra rewards up to 15,000 USDT.

Can You Win Joker Returns Without Large Trading Volume? 5 Mistakes New Players Make In WEEX Joker Returns Season 2
Can small traders win WEEX Joker Returns 2026 without huge volume? Yes—if you avoid these 5 costly mistakes. Learn how to maximize card draws, use Jokers wisely, and turn small deposits into 15,000 USDT rewards.

Altcoin Season 2026: 4 Stages to Profit (Before the Crowd FOMO In)
Altcoin Season 2026 is starting — discover the 4 key stages of capital rotation (from ETH to PEPE) and how to position before the peak. Learn which tokens will lead each phase and avoid missing the rally.
How Do Digital Assets Self-Custody? OpenAI Cofounder's 15-Step Checklist
Circle Product Management Director: The Future of Cross-Chain: Building an Interoperability Technology Stack for Internet Financial Systems
UCL Fan Tokens 2026 Guide: How to Trade UEFA Champions League Crypto with Zero Fees on WEEX
Discover UCL fan tokens like PSG, Barcelona, and Man City. Learn how to trade UEFA Champions League crypto with zero fees and earn rewards on WEEX.
WEEX Poker Party Season 2: Check How to Earn Crypto Rewards Now!
Learn how WEEX Poker Party Season 2 (Joker Card Event) works. Discover rules, scoring, rewards, and strategies to earn crypto rewards through gamified trading.
