James Wynn loses over $1 million after liquidating his long PEPE position.

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출처=hyperdash.info
Source=hyperdash.info
According to the blockchain analysis platform Lookonchain, a long position on the Pepe (PEPE) meme coin was liquidated in a chain from another wallet address held by famous trader James Wynn, resulting in massive losses.

With this liquidation, James Wynn recorded losses of over $1 million, and it was confirmed that only $14,850 remains in the account.

제임스 윈의 PEPE 롱포지션 청산 내역 <br />출처= 룩온체인 (X : @lookonchain)
James Wynn's PEPE Long Position Liquidation Details
Source= Lookonchain (X : @lookonchain)

Previously, James Wynn had also settled his position after his main wallet's 10x leverage PEPE long position was partially liquidated nine times in a row, and he had withdrawn $32,931 from Hyperliquid and transferred it to Binance.

With this incident, James Wynn incurred an additional $1.24 million in losses.

Choi Joo-hoon joohoon@blockstreet.co.kr

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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