Recently, there has been an interesting market development. Last year, well-known trader James Wynn, who lost everything on a major contract platform, has recently made a move again. On January 5th, he went long on BTC with 40x leverage, increasing his position to 124.1841 BTC, worth approximately $11.54 million, with an average entry price of $91,332. Currently, this position is showing a unrealized profit of $211,000, and it seems luck is on his side.

However, this guy's appetite isn't just that. He is also betting on PEPE with 10x leverage, holding 364,628,426 PEPE tokens, valued at about $2.59 million, which has also gained $591,000 in unrealized profit. After losing over $100 million in a year, he immediately re-commits with a heavy hand. This trading style is truly exhilarating. From liquidation to turning things around, it all depends on how the market moves next.