James Wynn’s Painful Comeback: Reopens PEPE Long, Faces Another Brutal Liquidation

Pseudonymous high-leverage crypto trader James Wynn has gained widespread notoriety for his volatile fortune, repeatedly making and losing hundreds of millions through leveraged bets on crypto perpetual futures ￰0￱ chaos appears to have struck him again as Wynn’s fresh PEPE bet collapses within hours, extending a brutal streak of crypto ￰1￱ PEPE Bet Ends in More Liquidations In its latest tweet, on-chain analytics platform Lookonchain reported that Wynn suffered a complete liquidation during the recent market dip, which also partially liquidated fellow trader “Machi Big Brother,” who has now lost over $53 million on Hyperliquid in the past ￰2￱ the setback, Wynn reopened a 10x long position on meme token PEPE shortly afterward, only to face another partial liquidation less than six hours ￰3￱ rapid sequence of losses comes amid turbulent market conditions and a massive decline in the prices of both top crypto assets as well as meme ￰4￱ the third liquidation, Lookonchain tweeted, “Once again!

Both James Wynn and Machi Big Brother got liquidated in the latest market crash! These two are like brothers in arms – never giving up on their longs, yet always getting wiped out.” Controversy Over Insider Activity Blockchain analytics firm Bubblemap recently revealed that Wynn’s meme coin venture, YEPE, may be following a familiar and troubling ￰5￱ hailed for turning a modest $7,000 PEPE bet into millions, Wynn’s trading history has once again come under scrutiny for potential insider ￰6￱ to Bubblemap’s analysis, nearly 60% of YEPE’s supply is concentrated among insiders, many of whom operate wallets funded through the same centralized exchanges such as LBank, KuCoin, and ￰7￱ looked like a coordinated accumulation ￰8￱ report further claimed that the trader’s coin promotions are typically accompanied by influencer-driven hype cycles and engineered to attract retail demand while insiders quietly offload their ￰9￱ as Wynn remains one of crypto’s most controversial figures and has attracted accusations of manipulation, he continues to receive public endorsements from major industry ￰10￱ warn that such backing may normalize insider-dominated markets and allow manufactured momentum to masquerade as organic community growth.