- James Wynn reportedly has long holdings in BTC and PEPE.
- His combined position is worth approximately $14 million.
- Prices of BTC and PEPE were last seen on the upticks.
James Wynn has increased his long holding in BTC while retaining his position in PEPE. He had earlier opened a long position in the frog-themed meme coin with a floating profit of over $500k. Respective prices of BTC and PEPE have surged in a single day, surpassing critical milestones.
Positions of James Wynn in BTC and PEPE
Crypto trader James Wynn has increased his long position in BTC while holding a similar stance in PEPE. His combined position is now worth approximately $14 million, with books showing $750k in floating profit.
The community has reacted to his move positively, with some calling it substantial and others underlining how he’s been stacking wins all cycle. Notably, he had lost around $100 million on a Hyperliquid Leverage bet in June last year. Wynn did admit the loss and stated that he got greedy despite knowing the risks.
Earlier Moves of Wynn
James Wynn made his first move with PEPE by opening a long position. He did so with a leverage of 10x, and around the time when the meme coin started its upward trajectory. Some of the community members have called this a small number, while others have called it an interesting move ahead of a strong run.
His second move included opening a long position in BTC with a leverage of 40x. This was on the sidelines of recording a floating profit of approximately $530k in PEPE long position. That said, thorough research and risk assessment are recommended before committing to any crypto investment.
BTC and PEPE Price
BTC is currently listed at $92,522.44, up by 1.37% over the last 24 hours and 3.43% in the last 7 days. Bitcoin price prediction estimates the token to surge by around 11.39% to $102,931 in the next 3 months. Its volatility has dropped to 1.74%, categorized as low, with the 14-Day RSI of 56.48 points when the article is being drafted.
ETH is exchanging hands at $3,156.19, up by 0.56% in a single day but has soared by 4.82% in the last 7 days. Ether price prediction forecasts the token to reach $5,641.75 in the next 3 months. That would be a jump of around 77.54% amid the medium volatility of 3.55% and outperforming Bitcoin tokens.
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Source: https://thenewscrypto.com/james-wynn-increases-btc-long-holding-sustains-position-in-pepe/
