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James Wynn closed a long order with losses exceeding $650,000 and turned to Short.
On July 25, according to Onchain Lens monitoring, James Wynn has closed his long positions in BTC (40x leverage) and PEPE (10x leverage), incurring a loss of $657,172, and has opened a short position in PEPE (10x leverage). He deposited 1.25 million USDC into Hyperliquid, and currently has only $214,000 left.