James Wynn, a well-known crypto trader, is active in trading again after significant financial losses. He made a new bet on memecoin PEPE using referral bonuses.
James Wynn's Market Activity
After deleting his account on X, James Wynn is participating in trading again. According to blockchain analytics platform Lookonchain, he placed a leveraged bet using capital derived from a referral bonus.
Bets on Memecoin PEPE
Wynn opened a 10x long position on memecoin PEPE, utilizing referral bonuses totaling 6,792.53 USDC. His assets and portfolio were almost entirely allocated to perpetual futures worth $11,840.99.
Trader's Loss History and Comeback
Wynn previously faced significant losses totaling around $100 million due to falling Bitcoin prices. He did not practice risk management, which led to his record losses. Despite this, he continues to trade and seeks support from the crypto community.
Despite facing serious financial losses, James Wynn shows his determination to return to the cryptocurrency market and continues to place bets on volatile assets such as memecoin PEPE.
