James Wynn, a well-known trader, has resumed his activities in the crypto market, making significant investments and opening new Bitcoin positions.
Injection of $468K into Hyperliquid
Wynn received 467,999 USDC from Binance’s hot wallet and routed the funds directly to the Hyperliquid Bridge. This marks his first major deposit since May. Logs indicate 174 transfers through various relayers and protocols, including a significant transfer of 463,851 USDC.
Hyperliquid Trading and Twitter Reactivation
Wynn's address on Arkham remains a core node linked to many exchanges and DeFi networks. His latest bridge activities, combined with the reactivation of his Twitter account, confirm his return to the market. Arkham noted that James Wynn found $460K from Binance and reactivated Twitter while maximizing his long position on Bitcoin.
Positions in Bitcoin and Meme Coins
Wynn's trade history on Hyperliquid indicates he opened a 172.89 BTC position at $117,089 with 40x leverage, resulting in an impressive $215K profit. He also opened a second 10x leveraged long on the meme coin $kPEPE worth $106K, securing a profit of $3.7K. These moves align with his historical pattern of high-risk entries timed with market pivots.
James Wynn's return to the market, marked by significant investments and trading activity, suggests a strong confidence in the recovery of Bitcoin prices and market volatility.
