According to Lookonchain, James Wynn (@JamesWynnReal) experienced another major liquidation event, losing over $2 million from his new trading wallet after his Bitcoin ($BTC) and Pepe ($PEPE) long positions were liquidated. Despite moving assets to a new wallet, Wynn now has only $122,000 remaining, highlighting the ongoing risks of leveraged trading in highly volatile crypto assets. This large-scale liquidation has raised concerns among traders about the liquidity and volatility risks associated with margin positions, especially in trending meme coins and major cryptocurrencies. Source: Lookonchain (x.com/lookonchain/status/1933355954541899791).

According to Lookonchain, James Wynn (@JamesWynnReal) faced another major liquidation on his new wallet, losing over $2 million on BTC and PEPE long positions despite recent attempts to recover. Wynn now has only $122,000 remaining, with on-chain data from Hyperliquid confirming these substantial losses. This event highlights significant volatility and risk for traders leveraging long positions in both BTC and PEPE, underscoring the importance of strict risk management strategies, especially during highly volatile periods. Market participants are advised to monitor liquidation activities as they can further impact price movements and market sentiment. Source: Lookonchain, Hyperliquid.

According to Ai 姨 on Twitter, prominent trader James Wynn closed all his $PEPE and $BTC positions just 10 minutes ago, incurring a total loss of $2.271 million. The breakdown shows a $1.175 million loss on BTC long positions and a $1.596 million loss on kPEPE longs, leaving only $464,000 in margin on his contract account (source: https://twitter.com/ai_9684xtpa/status/1928696515121525131). This large-scale liquidation highlights the current volatility and risk in meme coin and Bitcoin derivatives trading. For active traders, Wynn's exit may signal caution in high-leverage positions, especially with PEPE and BTC experiencing sharp market fluctuations. This event is likely to influence short-term sentiment and could increase volatility as market participants react to large whale movements.

According to Lookonchain, James Wynn (@JamesWynnReal) experienced partial liquidation on both his $PEPE and $BTC long positions, as evidenced by on-chain activity from address 0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6 (source: Lookonchain, May 30, 2025). This event highlights increased volatility and leverage risk in meme coin and Bitcoin derivatives trading. For traders, this underscores the importance of robust risk management strategies and the growing influence of whale liquidations on $PEPE and $BTC price action. Monitoring large wallet behaviors remains crucial for anticipating potential market moves, especially as liquidations can trigger cascading effects across major crypto assets.

According to @EmberCN on Twitter, James Wynn sold 240 billion PEPE tokens through Binance for $3.32 million USDC, using the proceeds to supplement margin for his BTC long position on Hyperliquid. The transfer of USDC was traced from Binance to Wynn's BTC long address. He still holds $2.82 million worth of PEPE at address 0x4417. This substantial liquidation and margin movement could signal increased volatility for both PEPE and BTC trading pairs in the short term, with potential impacts on memecoin sentiment and leveraged crypto derivatives markets (Source: @EmberCN, May 28, 2025).

According to EmberCN on Twitter, at 9:23, James Wynn's BTC long position was partially liquidated, with 1,445.5 BTC sold at $107,103 for a total value of $154 million (source: EmberCN, Twitter, May 27, 2025). Wynn then closed his PEPE long position to reinforce his BTC holdings. He currently holds a 40x leveraged BTC long with 5,782 BTC, valued at $627 million, with an entry price of $110,084 and a liquidation price of $107,321. These high-leverage positions and recent liquidations highlight significant volatility and liquidation risk, affecting short-term market sentiment and potentially increasing BTC price volatility (source: EmberCN, Twitter, May 27, 2025).