The famous hyper-liquid whale made a 267% profit from a long Ethereum position!
James Wynn, a trader known for her risky, highly leveraged trades, is back in the spotlight with a 25x leveraged long position on Ethereum, as the cryptocurrency breaks price records.
According to Anchin data, Wayne opened a $139,215 position (including 29.3 Ether) with an average entry price of $4,239 using just $5,568 of margin. At the time of writing, the trade is showing a profit of over $14,888, a staggering 267% gain. At the same time, he also has a 10x long position on Dogecoin (DOGE) worth $206,130, which is a loss of about $1,886 at current prices.
Wayne’s return to the market comes after he reactivated his X account with a “broke” bio last month after deactivating it. He made headlines in May and June for liquidating a $100 million position and losing another $25 million, at which time he claimed that big market players were deliberately trying to liquidate him.
Wayne’s recent trading success coincided with Ethereum’s price jumping to an all-time high of $4,867. The surge came after Federal Reserve Chairman Jerome Powell signaled the possibility of a rate cut and increased appetite for riskier assets.
Best Regards
Toronx.is
#Hyperliquid
#toronx
#toronxnews
#cryptonews
#bestinvest