James Wynn’s 25x Bet: ETH’s High Stakes Gamble 🚀

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In the dusty corners of the digital frontier, where fortunes rise and fall with the flicker of screens, James Wynn, a name whispered in the crypto circles, has cast his lot with a 25x leveraged long bet on Ethereum, as the price of ETH soared to an all-time high of $4,884. 🌪️

On-chain data reveals Wynn’s gamble, using $5,568 in margin to stake a 29.3 ETH position, worth $139,215, with an average entry at $4,239. The trade now glimmers with unrealized gains of $14,888, a 267% return. 🎰

Earlier this year, in May, Wynn’s name echoed through the meme coin realm, minting $100 million in leveraged bets. But alas, the fickle tide of Bitcoin‘s market saw him lose it all on Hyperliquid, a DEX that once danced with his hopes. 💸

James Wynn Returns to Leverage Trading

Last month, Wynn reemerged from his social media hiatus, having deactivated his X account, his bio reduced to a single word: “broke.” A tale of hubris and redemption, perhaps? 🧵

Alongside ETH, Wynn’s hand steadied on a 10x leveraged long in Dogecoin, 867,335 DOGE valued at $206,130. Entered at $0.2398, it now wavers, a $1,886 loss, as DOGE hovers near $0.237. A rollercoaster, indeed. 🚂

Wynn’s leveraged bets now stretch to $345,000, his equity a mere $26,600, a margin utilization of 110%. A tightrope walk, balanced on the edge of a knife. ⚖️

Crypto trader James Wynn takes leveraged bets on ETH, DOGE | Source: Hyperdash – because even the sources are in on the joke. 😏

ETH Price Eyes Breakout Past $5,000

Ethereum’s price climbed to a new all-time high on Friday, August 22, reaching $4,867 on Coinbase, its highest since November 2021. The Federal Reserve’s Powell speech, hinting at a September rate cut, fueled the fire. 🔥

Spot Ether ETFs saw $337.6 million in inflows, pushing AUM above $12.1 billion. A surge after four days of outflows. A tale of resilience. 🧭

Corporate giants like BitMine and others bought $1.6 billion in ETH, bringing total corporate holdings near $30 billion. A new era of crypto adoption, perhaps? 🏢

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2025-08-23 23:11