A investment with high efforts has landed a crypto dealer in the headings. He is known online like James Wynn, and he has almost placed $ 1 billion on bitcoin rises on. He began to stack in a causal position last week and has not said when planning to go out.
Bitcoin initiatives hit billions of dollar brand
According to Wynn’s post on X, his position reached approximately $ 1 billion on May 21. He uses $ 20 million of his own funds and borrowed to make trade about 40 times larger than his share. The investment is on Hyperliquid, a decentralized exchange where traders can open eternal future positions. Wynn has already closed some of it and cut the size to just over $ 800 million as Bitcoin climbed.
Lookonchain data shows that he jumped in around a BTC price of $ 108,084 and put his “kill switch” just under $ 103 640 so if bitcoin dips so far, the whole trade goes by-bye. From the beginning of Thursday, that investment was set for a cool $ 40 million in unrealized profits.
Source: HyperDash
The dealer’s previous success with Memecoin
Wynn did not show up from nowhere. In 2023 he predicted Pepe Memecoin would hit a market value of $ 4.2 billion. That investment paid out in a large way when Pepe topped more than $ 11 billion in December 2024. A wallet tied to “Jwynn.eth” sent even $ 7 million Pepe to Binance in May 2024. Based on reports, that movement helped him to withdraw eight-digit winnings.
Bitcoin just broke through $ 111 900!
Top dealers @Jameswynnreal40x took advantage of a long position of 10,200 $ BTC($ 1.14B) now sits on an unrealized profit of over $ 39 million!https://t.co/XY0EC0H5CW pic.twitter.com/5ulbeia984
– Lookonchain (@lookonchain) May 22, 2025
Enormous risk bound to price fall
His trade is not without danger. If bitcoin falls below $ 100,850, the position can be wiped out. Wynn has said that he would add more money rather than meet liquidation. In turbulent markets, minor reductions can be the trigger for cascade -like forced liquidations. Any significant amount of money on the market raises the question: If prices would change only a few percent in either direction, would serious losses occur?
Market logic benefits this trait
The Maj -chance is that Bitcoin will hit $ 115,000 attached to 64% or, however, according to the Polymarket. Standard Charter’s Geoff Kendrick also has a hausse. He predicts that Bitcoin could top $ 120,000 before the end of July. These forecasts match Wynn’s own target of $ 115,000- $ 118,000 at the end of next week, and even $ 118,000- $ 122,000 cards after.
Update on my little $ BTC long position.
Reduced position size today took some winnings around $ 110K -$ 111K.
Seemed like a nice place for TP, and seems like others are doing the same right now.
In my opinion, bitcoin dies to break higher. My goal remains the same by … pic.twitter.com/bufwtuqpou
– James Wynn 🐳 (@jameswynnreal) May 22, 2025
Positioning in a shaky market
Bitcoin had reached about $ 111,800 on May 22, 2025, before the small return. Traders who point to fast winnings also warn of fast drops. On decentralized exchanges, financing costs can increase. Large orders for Hyperliquid can face slipping, which would move the market towards Wynn if he would try to unwind too quickly.
People see the industries and think it’s a little stupid game at a high level, and yes it is. But it is supported by my own dissertation. Which in turn is an estimated risk.
Since the local bottom of 74K Bitcoin has remained in this channel. Touching the bottom acts as support only two … pic.twitter.com/wenpkcwkrg
– James Wynn 🐳 (@jameswynnreal) May 20, 2025
Calm words from a risk -taking
“People see this as a high level game, and yes it is,” Wynn said. He added that his efforts rest on what he calls a solid dissertation. Whether he is right or wrong remains to be seen. At the moment, his willingness to risk large sums has affected both admiration and caution from spectators.
Image from Unsplash, charts from TradingView
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