According to Lookonchain, James Wynn created a new wallet six days ago and initiated aggressive leveraged trades, taking a 40x long position on Bitcoin ($BTC) and a 10x long position on PEPE ($PEPE). His current unrealized profit has exceeded $2 million, as confirmed by on-chain data from Hypurrscan and Lookonchain's analysis (source: x.com/Lookonchain, hypurrscan.io/address/0xbc47). For traders, this highlights the ongoing appetite for high-leverage strategies in both major and meme cryptocurrencies. The significant unrealized gains suggest continued bullish sentiment in the crypto derivatives market and may influence short-term volatility in both $BTC and $PEPE prices.