【BitPush】On-chain tracking data shows that trader James Wynn has been up to something again. This time, he opened long positions in two different directions simultaneously—
On the BTC side, he used 40x leverage, holding 58.94 BTC, equivalent to a position of approximately $5.4 million. On the kPEPE side, he also didn’t hold back, using 10x leverage to go long on 365 million tokens, worth about $2.34 million.
What’s even more interesting is that this operation has already resulted in an unrealized profit of $343,000. It seems that this trader is quite optimistic about the recent market trend, otherwise he wouldn’t be taking such heavy positions in two assets at the same time. Such aggressive leverage strategies can multiply gains, but if the market moves against him, losses will also be doubled. How things will develop next depends on the changes in on-chain data.
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ETH_Maxi_Taxi
· 17h ago
A 40x leverage really tests your heart; this guy made 340,000 and should be feeling great now, but he's just worried that a black swan could shatter his dreams instantly.
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ColdWalletAnxiety
· 01-04 07:12
Playing BTC with 40x leverage, this guy is really crazy
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kPEPE also dares to go 10x, if a black swan hits, he’ll be liquidated immediately
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$340,000 floating profit sounds great, but this kind of operation is extremely risky
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Holding two assets with heavy leverage at the same time, he's really bold. I can't sleep
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That's why I choose to hold onto spot positions. Watching his operations is a bit unsettling
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When making profits, he’s aggressive; when losing, he’s all in. It all depends on how long he can hold on
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If the market moves against him, it’s gg immediately. Why bother with such chaos?
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58 BTC on 40x leverage, can you really imagine that?
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I calculated that a two or three percent drop could liquidate him. So thrilling
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This kind of trader is a market indicator; the times they make the most money are usually the most dangerous
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liquiditea_sipper
· 01-04 07:10
Playing with 40x leverage and going so big, really not afraid of death... Just make 340,000, and then a wave of reverse liquidation will wipe you out.
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RektDetective
· 01-04 07:04
Playing BTC with 40x leverage, this guy's really bold. Making 340,000 should be the time to run, right?
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gm_or_ngmi
· 01-04 07:00
Using 40x leverage to hold BTC, this guy is really bold. He’s happy with a profit of 340,000, but if it crashes, he’ll be liquidated immediately.
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MetaEggplant
· 01-04 06:50
Playing BTC with 40x leverage? This guy really dares to do it. Once the market moves against him, he's directly liquidated.
Trader James Wynn increases large positions in BTC and kPEPE: using 40x leverage to long 58 Bitcoin, unrealized profit exceeds $340,000
【BitPush】On-chain tracking data shows that trader James Wynn has been up to something again. This time, he opened long positions in two different directions simultaneously—
On the BTC side, he used 40x leverage, holding 58.94 BTC, equivalent to a position of approximately $5.4 million. On the kPEPE side, he also didn’t hold back, using 10x leverage to go long on 365 million tokens, worth about $2.34 million.
What’s even more interesting is that this operation has already resulted in an unrealized profit of $343,000. It seems that this trader is quite optimistic about the recent market trend, otherwise he wouldn’t be taking such heavy positions in two assets at the same time. Such aggressive leverage strategies can multiply gains, but if the market moves against him, losses will also be doubled. How things will develop next depends on the changes in on-chain data.