James Wynn Nets $521K from PEPE Trade in Stunning Comeback on Hyperliquid

July 21, 2025 – Controversial crypto trader James Wynn has made a dramatic return, raking in over $521,000 from a single 10x leveraged trade on PEPE via the Hyperliquid exchange. The move marks his largest profit since his $18 million win in May and has reignited social media chatter about his high-risk trading style.

According to blockchain data from Lookonchain and Hyperdash, Wynn’s latest run of trades began with two major Bitcoin shorts—earning $105,948 on July 18 and $345,456 on July 19. After a series of losses earlier this year, including a $100 million liquidation, this comeback signals a sharp reversal in fortune.

High Leverage, High Volatility

Wynn’s recent strategy included a 40x long on Bitcoin and two aggressive new positions: a 25x long on ETH and a 10x long on PEPE. He deposited $536,573 in USDC to back these plays, and while ETH yielded a modest $33,386, the PEPE trade delivered a massive $521,313.86.

Despite the gain, Wynn’s win rate since returning on July 15 remains at just 36.6%, with seven profitable trades and eight losses. This keeps observers divided—some hail him as a bold strategist navigating crypto’s extreme volatility, while others dismiss the approach as pure gambling.

Redemption Arc or Reckless Streak?

Crypto X was quick to react. A few accounts highlighted Wynn’s risk appetite, calling it a potential “redemption arc” after months in the red. Others remain cautious, noting his past failures and emphasizing the dangers of using extreme leverage in highly illiquid meme coin markets.

Wynn’s trading history remains one of crypto’s most polarizing stories. For now, this PEPE win puts him back in the green—but only time will tell if this is the start of a true comeback or just another spike in a high-stakes rollercoaster.