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.