James Wynn, a rising star in crypto trading, is once again making headlines—but this time his attention has turned from Bitcoin to the meme coin PEPE. After securing a massive $25 million profit on Bitcoin using high-leverage bets on the Hyperliquid platform, Wynn is now taking a bold 10x leveraged long position on PEPE Coin, signaling strong confidence in this popular meme asset’s potential.
Building on Big Wins: From Bitcoin to PEPE
Wynn first gained widespread recognition after his high-stakes Bitcoin trades, including a jaw-dropping 40x leverage long position that grabbed the market’s attention. Despite the volatility sparked by geopolitical tensions—most notably President Trump’s threat of a 50% tariff on EU goods—Wynn expertly navigated the ups and downs. His quick pivot to a $1 billion short position on Bitcoin during a sudden downturn showed his adaptability, ultimately closing all positions with a clean $25 million profit.
But Wynn isn’t one to rest on his laurels. Soon after cashing out from Bitcoin trades, he dove into the meme coin frenzy, reopening a 10x leveraged long on PEPE Coin through Hyperliquid. This move is notable, as Wynn previously scored a whopping $26 million from an earlier PEPE trade. Following Wynn’s latest position, PEPE’s price has climbed more than 3%, pushing its market cap above $6 billion and daily trading volume soaring 40% to $1.5 billion.
Trading Activity and Platform Growth
Over the last 75 days, Wynn has maintained a vigorous trading schedule, executing 38 trades on Hyperliquid, with a win rate around 45%. His activity alone has generated $2.31 million in platform fees, underscoring the growing influence of Hyperliquid in the derivatives space. The platform has recently outpaced major blockchain ecosystems such as Ethereum and BNB Chain in revenue, signaling a shift in trader preference toward decentralized derivatives.
Meanwhile, Hyperliquid’s native token, HYPE, has experienced a surge of its own—rising 12% in the last 24 hours and rallying 50% over the week to reach an all-time high of $40. Market watchers are optimistic that this momentum could push HYPE even higher in the near term, with some predictions eyeing $45 by June and even $100 in a longer rally, supported by crypto veterans like Arthur Hayes.
Wynn’s Perspective: “Walking Away a Wynner”
Reflecting on his Bitcoin journey, Wynn shared a candid message for both supporters and skeptics: “We had a good run gambling on perps. At peak, the account was up $87 million profits from like $3–4 million. Now decided to leave the casino with my $25 million profit. It’s been fun, but now it’s time for me to walk away a wynner. Wynn 1-0 Haters.”
His words capture the thrill and risks of leveraged trading in crypto derivatives, but also the savvy required to know when to exit. Now, with his sights set firmly on PEPE, Wynn’s next moves will be closely watched by the trading community.
What’s Next for PEPE and Wynn?
James Wynn’s aggressive stance on PEPE Coin with 10x leverage highlights growing trader confidence in meme tokens as viable vehicles for high-return speculation. Given Wynn’s track record and Hyperliquid’s rising prominence, this could mark the start of a new wave of leveraged meme coin trading.
As Wynn continues to engage the market, PEPE’s price action and volume will be key indicators of whether this gamble pays off. Meanwhile, Hyperliquid’s platform evolution and HYPE token rally add further excitement to this unfolding story.
In the fast-paced crypto world, traders like James Wynn exemplify the blend of boldness and strategy needed to navigate volatile markets. Whether PEPE can deliver on Wynn’s high-leverage bet remains to be seen—but one thing is certain: the meme coin market is alive and kicking, and Wynn is at the forefront.
