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A trader named James Wynn staged a thrilling comeback on Hyperliquid. This guy initially only used $20,000 to go long on PEPE, and managed to push his account to a peak of $900,000. But the good times didn't last long. On January 8th, his position was liquidated 12 times in a row, his account was cut multiple times, and he almost blew up.
However, he didn't give up. Taking advantage of the recent market rebound, James Wynn decided to cut all his positions—liquidated all PEPE and ETH longs, and withdrew $41,000 from the exchange. On paper, his PEPE longs earned about $110,000, but his ETH longs lost $160,000. Overall, he still made a profit of about $20,000.
Interestingly, last January 1st, this guy made a bold statement, saying PEPE's market cap would hit $69 billion by 2026, or he would delete his social media accounts. Currently, PEPE's market cap is $25.4 million, still far from his target. But regardless, his timely stop-loss operation allowed him to walk out of the exchange alive.