Renowned crypto trader James Wynn has once again captured market attention after closing all of his long positions on PEPE, securing a $25.19 million profit, according to on-chain data shared by Lookonchain.
This isn’t the first time Wynn has made headlines with PEPE. In 2023, he reportedly turned a modest $7,000 investment into $25 million through early trading in the memecoin.
Now, with this most recent exit, Wynn has added another $25 million to his gains, bringing his total profit from PEPE trades to over $50 million.
These results underscore one of the most extraordinary success stories in memecoin history. Wynn’s ability to time the market and manage high-risk trades has set him apart from the vast majority of investors.
A Rare Success in a High-Risk Arena
While Wynn’s gains are impressive, analysts and platforms like Lookonchain are quick to remind the public that such outcomes are far from the norm. Most investors—particularly those trading with leverage or in volatile memecoins—tend to lose money, not make it. Wynn’s win reflects exceptional timing, strategy, and risk tolerance.
For traders looking to replicate his path, it’s a cautionary tale as much as a success story. The PEPE market has proven lucrative for a select few, but perilous for many more.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/trader-closes-pepe-positions-with-25-million-profit/