2026-01-15 15:38:31

On January 6th, trader James Wynn achieved an astonishing 7-day increase—+3331% return. This performance was mainly driven by high leverage long positions on PEPE.

But the good times didn't last long. Although the overall market stabilized and rebounded, PEPE experienced intense volatility, and long positions were continuously squeezed. According to on-chain data tracking, Wynn decisively cut losses after the market reversal—completely closing all PEPE and ETH long positions, with a single-day loss of about $50,000. Immediately afterward, he significantly withdrew funds from Hyperliquid.

From a 7-day increase of over 3000% to a single-day loss of tens of thousands, the market's unpredictability was vividly demonstrated in this trade. Even top traders find it difficult to emerge unscathed in extreme market conditions.

PEPE-6,2%

ETH-2,54%

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DeFiVeteran

· 4h ago

3000% to lose 50,000, this is the crypto world... Leverage is really a devil.

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BTCBeliefStation

· 4h ago

3331% to lose 50,000, this is the crypto world, absolutely explosive excitement

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ZKProofster

· 4h ago

lol +3331% to -$50k in what, a week? this is why leverage is basically a financial cdp with extra steps—mathematically speaking, you're just borrowing against volatility you don't actually control. pepe moves like 3% and suddenly your position gets liquidated. classic.

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LiquidationHunter

· 5h ago

3331% to lose 50,000, this contrast is too much to handle haha

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ForumMiningMaster

· 5h ago

3331% to lose 50,000, this is crypto, so real --- Playing PEPE with high leverage, in simple terms, is gambling with your life --- Even top traders can have a bad run, let's just stick to dollar-cost averaging --- A stop loss of 50,000 yuan is considered rational, some people simply can't let go --- Watching it drop over 3000% and then return to negative, my heart can't handle this thrill --- Why do some people always think they are the next James Wynn? --- That's why I don't dare to touch high leverage; my mental resilience isn't enough --- PEPE is so volatile, playing with fire will eventually burn your hand

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