The New James Wynn who went Long $250M

Nearly three months after James Wynn’s legendary $1B BTC long, a new trader has been found by Arkham with a position almost as degenerate. However, despite the enormous position, this trader has exhibited considerably more restraint than James Wynn ever did.

The individual, whose identity is still unknown, had a 40x long position on BTC and a 25x long position on ETH.

The trade was open for just a few days before the trader, in a move very unlike the real James Wynn, strategically closed both positions via several TWAPs (Time Weighted Average Price), netting a cool $11M in the process. 

Overall, it was a neat performance but disappointing for fans of degenerate trading and huge losses.

In May 2025, James Wynn became a household name in the crypto world for his huge positions, unrealised profits, shocking liquidations and his request for donations from fans. 

Wynn was able to run his account up to $82M in profit before giving it all back and eventually being down $13.2M. After being liquidated and leaving the market, James Wynn returned with a 40x BTC long position with just $1 in margin. He was then spotted taking a punt on $90K worth of ZEUS memecoin. 

Since then, a few traders have emerged as heirs to James Wynn but none so far have proved as entertaining. 

This unidentified trader showed remarkable restraint in closing his BTC position with an average Bitcoin price at $117,200 and entry price of $115,968 for a profit of $1.57M, and closing his ETH position with average ETH price at $4217 and entry price at $3838 for a profit of $9.47M. 

Critics will complain the positions were closed too soon, and huge profits were left on the table. Perhaps hot-headed traders have learnt from James Wynn’s mistakes and are less inclined to leave profits unrealised.