James Veen, a Crypto trader, who is known for its high-leveraged crypto stake, has introduced two major leveraged positions, including 25x long on Ether and 10x long on Pepe.

According to onchain dataEther of WYNN (ET) For the situation 3,269 ETH, the value of about $ 12.12 million, with an admission price of $ 3,726.28. Their kpepe (name of the $ pepe-out futures contract on hyperlicid) spreads a shocking 812.16 million tokens for a long time, priced at $ $ 11.28 million at an average entry of $ 0.01358.

At the time of writing, WYNN is sitting at $ 251,617 unrealistic profit from its pepe position, while his eth condition is currently more than $ 62,700. Eth business faces liquidation at $ 3,492.8, while the pepes of the pepe position sits at $ 0.012998.

WYNN entered the posts after depositing 536,573 USDC (USDC) In hyperlicid, a decentralized peritual exchange.

Connected: CFTC comments submissions Hyperlicid Back 24/7 Crypto Trading

WYNN returns to high-level crypto trading

Earlier this month, wynn appears Disappeared from social media After suffering from horrific loss. His X account, the first “Jameswinerial” handle, was deactivated on 13 July, and his last bio update was just read “Broke”.

However, cryptocurrency trader Last week a returnOpening two high-legal positions. There was a 40x long on bitcoin in his trades (BTC)) $ 19.5 million and 10x tall on Paype (Pepe) Memcoin value is more than $ 100,000.

Wynn first arose for prominence After $ 100 million leveraged bitcoin BET was liquid on May 30, followed by another heavy loss of $ 25 million from another place on 5 June. He claimed that his level of liquidation was being deliberately targeted by prominent players in the market.

“Beautiful time for a 40x long,” Wynn wrote in an X Post On Tuesday. “There is never financial advice.

Connected: The mystery whale opens $ 300m leveraged bitcoin son: James Wynn Alt Account?

Ether short squeeze intensifies

WYNN’s bold bet comes on Eth because the token is increasing in July, Trigger Crypto in history, according to Kobisi letter. ETH has increased by 20% a week and added more than $ 150 billion to its market cap from 1 July.

Analysts expect $ 3,700 with Eth/USD to monitor the height of 2025 and 2025, expect $ 4,000 to arrive soon. Kobissi estimates that another 10% price profit may reduce an additional $ 1 billion in low conditions, especially several leverages.