律动BlockBeats|Jan 12, 2026 11:11
**["James Wynn" PEPE Long Position Shrinks by 90% Recently, Previously Predicted PEPE Market Cap to Exceed $69 Billion]**
BlockBeats News, January 12, according to monitoring by Hyperinsight, trader James Wynn (0x507), who was once nearly "bankrupt," has once again closed out and liquidated his 10x leveraged PEPE long position today. His total position size has plummeted from $2.45 million a week ago to approximately $240,000, a decline of over 90%. His account balance has also dropped from $800,000 to around $35,000. Previously, on January 8, he faced 12 liquidations, with his position size halving multiple times. Recently, he has been continuously "cutting losses" and closing positions, with weekly cumulative losses reaching $640,000. His main position details are as follows:
- **25x ETH Long Position**: Position size $680,000, unrealized loss $150,000 (-116%), average price $3,252, liquidation price $3,110;
- **10x PEPE Long Position**: Position size $2.45 million, unrealized loss $450,000 (-73%), average price $0.0062, liquidation price $0.0057;
On January 1, James Wynn publicly predicted that PEPE's market cap would exceed $69 billion by 2026 and promised to deactivate his social media account if the target was not achieved. The current market cap is approximately $2.8 billion.
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