James Wynn Returns to Hyperliquid: $4.8 Million Long Bets in Bitcoin, PEPE and HYPE

Crypto trader James Wynn has reactivated his Hyperliquid account after months of public criticism and advocacy for competitor platform Aster. On October 14-15, 2025, he deposited $197,000 USDC into the platform and immediately initiated leveraged long positions across Bitcoin, PEPE, and HYPE totaling $4.8 million according to Lookonchain data. This strategic move follows Wynn’s past public attacks on Hyperliquid for perceived shortcomings in its referral program, partner recognition, and order transparency features.