Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
James Wynn Cashes Out $25M PEPE Profit

James Wynn Cashes Out $25M PEPE Profit

TokenTopNewsTokenTopNews2025/05/24 16:48
By:TokenTopNews
Key Takeaways:

  • Wynn shifts from PEPE to Bitcoin with high leverage risk.
  • Community sees significant whale activity in memecoin and Bitcoin.
  • Market sentiment reflects strategic whale maneuvers impacting crypto trends.
James Wynn Cashes Out $25M PEPE Profit

James Wynn, renowned crypto trader, liquidated his PEPE position on May 24, 2025, securing $25.19 million in profits.

James Wynn’s major financial maneuver underscores his impact on the cryptocurrency market, emphasizing risk and leverage from whale activities. Notably, his exit from PEPE and entry into Bitcoin mark a significant trade in the crypto space.

Wynn’s removal from PEPE, marked by his on-chain activity, netted over $25 million. Following this, he initiated a substantial $1.25 billion Bitcoin long position at 40x leverage. These bold moves highlight Wynn’s influence in navigating volatile cryptocurrency markets. As Wynn himself noted,

“People see the trades and think it’s some high-level stupid gambling kind of thing, and yes it is. But it is backed by my own thesis, which in turn, is a calculated risk.”

This substantial trade activity aligns with observed market trends , where large shifts by traders like James Wynn can cause market turbulence. Following Wynn’s moves, Bitcoin saw activity increases, while PEPE experienced pressure from his withdrawal.

While no official statements have emerged from regulatory bodies regarding these trades, Wynn’s strategy and outcomes provide insights into high-stakes trading dynamics. Wynn’s activities suggest potential volatility driven by individual strategic trades, impacting asset liquidity and market perception. Using historical precedents, traders can anticipate similar impacts when whales adjust positions, alerting to potential market volatility shifts .

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!