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Trader’s $1 Billion Wager Says BTC Climbs This Week

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A high-stakes wager has landed a crypto dealer within the headlines. He’s recognized on-line as James Wynn, and he’s positioned nearly $1 billion on Bitcoin rising additional. He began piling right into a bullish place final week and hasn’t mentioned when he plans to exit.

Bitcoin Bets Hit Billion Greenback Mark

Based on Wynn’s posts on X, his place reached about $1 billion on Might 21. He’s utilizing $20 million of his personal funds and borrowed to make the commerce roughly 40 occasions greater than his stake. The guess sits on Hyperliquid, a decentralized alternate the place merchants can open perpetual futures positions. Wynn has already closed a part of it, trimming the scale to only over $800 million as Bitcoin climbed.

Lookonchain knowledge exhibits he jumped in round a BTC value of $108,084 and set his “kill change” slightly below $103,640—so if Bitcoin dips that far, the entire commerce goes bye-bye. As of early Thursday, that guess was sitting on a cool $40 million in unrealized positive factors.

Supply: HyperDash

Dealer’s Previous Success With Memecoin

Wynn didn’t emerge from nowhere. In 2023, he predicted the Pepe memecoin would hit a $4.2 billion market worth. That guess paid off in a giant approach when Pepe peaked at greater than $11 billion in December 2024. A pockets tied to “jwynn.eth” even despatched $7 million of Pepe tokens to Binance in Might 2024. Based mostly on reviews, that transfer helped him pull in eight-figure positive factors.

Big Threat Tied To Worth Drop

His commerce isn’t with out hazard. If Bitcoin falls beneath $100,850, the place might be worn out. Wynn has mentioned he’d add extra money reasonably than face liquidation. In turbulent markets, minor declines may be the set off for cascade-like pressured liquidations. Any substantial sum of money put into the market begs the query: If costs had been to shift just some % in both course, would severe losses be incurred?

BTC is at present buying and selling at $110,783. Chart: TradingView

Market Logic Favors This Transfer

Reportedly, the Might probabilities of Bitcoin hitting $115,000 are pegged at 64% or thereabouts, as per Polymarket. Commonplace Chartered’s Geoff Kendrick additionally has a bullish view. He predicts Bitcoin might high $120,000 earlier than the tip of July. These forecasts line up with Wynn’s personal goal of $115,000–$118,000 by the tip of subsequent week, and even $118,000–$122,000 shortly after.

Positioning In A Shaky Market

Bitcoin had reached about $111,800 on Might 22, 2025, earlier than the slight pullback. Merchants pointing at fast positive factors additionally warn of fast drops. On decentralized exchanges, the funding-rate prices would possibly add up. Massive orders on Hyperliquid would possibly face slippage, which might transfer the market towards Wynn ought to he attempt to unwind too rapidly.

Calm Phrases From A Threat-Taker

“Individuals see this as high-level playing, and sure it’s,” Wynn mentioned. He added that his bets relaxation on what he calls a stable thesis. Whether or not he’s proper or improper stays to be seen. For now, his willingness to threat giant sums has drawn each admiration and warning from onlookers.

Featured picture from Unsplash, chart from TradingView

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