BlockBeats News, January 15th, according to Hyperinsight monitoring, trader James Wynn (0x507), who was nearly “bankrupt,” fully liquidated all PEPE and ETH long positions today on Hyperliquid and withdrew most of the funds from the platform, approximately $41,000. Among them, the PEPE long position made a profit of about $110,000, while the ETH long position incurred a loss of $160,000.
This address initially started with about $20,000 in long PEPE, and the account funds once soared to a high of $900,000. However, on January 8th, its positions experienced 12 consecutive liquidations, with the scale repeatedly halved, and finally exited during today’s market rally, realizing a final profit of about $20,000.
It is worth mentioning that on January 1st this year, James Wynn publicly predicted that PEPE’s market cap would surpass $69 billion by 2026, and promised to delete his social accounts if not achieved. Currently, PEPE’s market cap is about $25.4 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: Today, the US Bitcoin ETF experienced a net outflow of 548 BTC, and the Ethereum ETF experienced a net outflow of 12,307 ETH.
ChainCatcher reports that, according to Lookonchain monitoring, 10 Bitcoin ETFs experienced a net outflow of 548 BTC (worth $35.9 million), 9 Ethereum ETFs had a net outflow of 12,307 ETH (worth $23.75 million), and SOL ETFs saw a net inflow of 17,941 SOL (worth $1.49 million).
GateNews11m ago
White-hat hackers help Foom Cash recover $1.84 million stolen funds, accounting for approximately 81% of the total funds.
Decentralized anonymous lottery protocol Foom Cash lost approximately $2.26 million due to a security vulnerability. White hat hackers intervened in time to recover $1.84 million. The issue stemmed from a misconfiguration of the Groth16 verifier. White hat hackers collaborated with security companies to protect the funds and received bounties and security fees.
GateNews49m ago
Coincheck announces the completion of approximately 99.8% equity acquisition of Canadian digital asset management company 3iQ
Coincheck Group N.V. announces the completion of the acquisition of approximately 99.8% of 3iQ Corp., further strengthening its global expansion in institutional clients, ETFs, and staking services. 3iQ is known for its compliant digital asset funds, and the acquisition will promote synergistic development with its existing subsidiaries.
GateNews55m ago
BitMine increased its holdings by 50,928 ETH last week. Tom Lee states that the market is currently in the final stage of a "mini bear" market.
BitMine announces that the total value of its held cryptocurrencies and cash reaches $9.9 billion, with ETH holdings accounting for 3.71% of the total supply. Executive Chairman Thomas Lee stated that BitMine is steadily increasing its ETH holdings, believing that the current price correction is attractive, and plans to launch the validator network in early 2026.
GateNews56m ago
Data: In the past 24 hours, the entire network has been liquidated by $317 million, with long positions liquidated by $197 million and short positions liquidated by $119 million.
ChainCatcher reports that, according to Coinglass data, the total liquidation across the entire network in the past 24 hours was $317 million, with long positions liquidated at $197 million and short positions at $119 million. Among them, Bitcoin long liquidations amounted to $89.3993 million, Bitcoin short liquidations to $50.8607 million, Ethereum long liquidations to $44.5192 million, and Ethereum short liquidations to $32.4518 million.
GateNews1h ago
Vitalik Buterin Unveils 4-Year Roadmap for Faster, Quantum-Resistant Ethereum
Vitalik Buterin has proposed a four-year plan under which Ethereum will achieve quantum resistance via new hash-based signatures and quantum-resistant cryptography.
Buterin has sold nearly 17,200 ETH, surpassing his stated target of 16,384 ETH which he said he’d sell to support ecosystem
CryptoNewsFlash1h ago
