James Wynn’s Triple Crypto Bet in PEPE, DOGE, ETH Backfires: $17K in Referral Payouts Lost

James Wynn used $23,117 in referral rewards to open new PEPE, ETH, and DOGE longs, but liquidations cut his balance down by $17,165. Just days earlier, he was running a 25x ETH long and a 10x DOGE long. Wynn’s history includes losing more than $22 million on Hyperliquid, yet he continues to place aggressive leveraged ￰0￱ data platform Lookonchain reported today that high-leverage trader James Wynn has once again suffered losses on the perpetual futures exchange ￰1￱ had recently claimed $23,117 in referral rewards and used the funds to open new long positions on PEPE, Ethereum (ETH), and Dogecoin (DOGE). However, the trades unraveled quickly.

A series of liquidations reduced his balance to just $5,952, wiping out $17,165 within ￰2￱ follows the ongoing bearish momentum in the crypto market, where Bitcoin has dipped to $108K over the past ￰3￱ the same time, ETH crashed to $4,300 just days after hitting an all-time high of $4,950. High-leverage traders like Wynn continue to have it tough in such a bearish ￰4￱ of Risky Bets The latest setback continues Wynn’s volatile run in the ￰5￱ two days ago…