Jun. 5 at 12:30 PM
1/
James “Moonpig” Wynn—now dubbed the Jim Cramer of crypto—is redefining what it means to double down.
After blowing up a
$1.25B BTC long, he’s back… with
$82M at 40x leverage.
Liquidation level?
$103,930.
BTC trades around
$105K.
🧵 Here’s the wild saga:
2/
Wynn rose to crypto fame (or infamy) on the decentralized perp platform Hyperliquid, where he placed an
$830M BTC long.
He eventually scaled that up to
$1.25B—one of the largest known retail crypto positions ever.
It ended in total liquidation. 💥
3/
The result? Losses reportedly north of
$100M.
By the end of May, Wynn’s account held just
$37.
He also made massive, high-risk bets on:
–
$FARTCOIN
–
$PEPE
–
$TRUMP
–
$ETH
–
$SUI
Some briefly turned green. But Wynn rarely took profits.
4/
Despite catastrophic losses, Wynn told followers last weekend he plans to “run it back.”
And he did.
He opened a new
$100M BTC long—again on Hyperliquid—just days after the blowup.
