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The wildest story in the crypto world is unfolding again.
Remember the big player JamesWynn who lost $100 million in a derivatives exchange? Half a year ago, he was the cautionary tale of the industry, but now he's making a comeback—this time, betting $10,000 on PEPE.
The numbers are staggering: he entered on December 27, and in just one week, his account's floating profit soared to $5.19 million. A 5190% return. You read that right. The strategy is simple and brutal—hold onto PEPE, and after floating profits, aggressively increase the position. That’s exactly what he did, turning his account 52 times over.
But this trader didn't choose to take profits and walk away. Just 3 hours ago, he placed an even crazier bet: 40x leverage long on PEPE and BTC, with a single position worth $53.8 million.
This is the crypto market. One liquidation can wipe out $100 million, and one doubling can put your entire fortune at risk in just a few days. Behind these extreme returns are extreme risks. Traders like JamesWynn use this all-in approach, treating every market fluctuation as a chance to turn things around.
No one knows how this gamble will end. But in this never-ending game, he has already proven one thing: in the crypto world, accounts can go to zero and be rebuilt, but mindset is always the most valuable chip.