BlockBeats News, January 5th, according to Coinbob’s popular address monitoring, trader James Wynn (0x507), who was once nearly “bankrupt,” has recently achieved significant profits. Since this month, with approximately $20,000 in principal, he has been rolling long positions on PEPE and opening BTC long positions. Currently, his account value has risen to $620,000, with a high of $800,000 this morning, but he has not closed any positions yet. The total current holdings amount to about $13.95 million, with the main positions as follows:
40x BTC long position: holding $11.5 million, floating profit of $150,000 (52%), average entry price $91,300, liquidation price $89,600;
10x kPEPE long position: holding $2.45 million, floating profit of $450,000 (182%), average entry price $0.0055, liquidation price $0.0057;
According to Coinbob monitoring, his sub-address (0x8da) has also gained over 50% this month. He currently holds long positions in BTC, HYPE, and XRP, with a total holding of $7.02 million, and an overall floating profit of $390,000 (154%).
On January 1st, James Wynn publicly predicted that PEPE’s market cap would surpass $69 billion by 2026, and promised to delete his social media accounts if not achieved. The current market cap is approximately $2.8 billion.
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