James Wynn reduced his BTC long position and increased his PEPE long position
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Planet News: According to on-chain data, whale trader James Wynn has been continuously reducing his BTC long positions on Hyperliquid while gradually increasing his PEPE long positions. Possibly influenced by this, PEPE's price briefly broke through $0.0000145, with a 24-hour increase of 8.01%. Currently, whale trader James Wynn's PEPE position is valued at nearly $25 million, with an unrealized profit of around $8 million. Additionally, he still holds 7,766 BTC long positions, with an unrealized profit of nearly $20 million.
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