James Wynn Doubles Down on Leverage Bets with Ether and Dogecoin

Crypto trader James Wynn, known for his high-risk strategies, has taken a bullish approach with leveraged bets on both Ether and Dogecoin. According to onchain data, Wynn has opened a 25x long position on Ethereum, securing a substantial entry at an average price of $4,239, which is now showing unrealized gains exceeding $14,888. This positions him for potential gains in excess of 267% if the price holds its current level near $4,726. He has also deployed a 10x long on Dogecoin, with an investment worth $206,130 for roughly 867,335 DOGE at an average entry price of $0.2398. The current trading value stands at approximately $0.237, which translates to about a $1,886 loss in the position. Wynn’s total leveraged exposure currently sits at $345,000, exceeding 110% margin based on his equity of roughly $26,600.