「Bust」 trader James Wynn turned his $20,000 capital into $600,000 starting this month, reaching a peak return of 40x this morning
**January 5th – Per Coinbob Popular Address Monitoring**
Trader James Wynn (0x507)—once on the brink of bankruptcy—has locked in massive gains recently. Since the start of the month, with an initial ~$20,000 investment, he’s taken leveraged long positions on PEPE and repositioned to open a BTC long, pushing his account value to $620,000 (it peaked at $800,000 this morning and remains open).
His current total position size is ~$13.95 million, with key positions:
- 40x BTC Long: $11.5M position size, $150k unrealized profit (52%), avg. price $91,300, liquidation price $89,600
- 10x kPEPE Long: $2.45M position size, $450k unrealized profit (182%), avg. price $0.0055, liquidation price $0.0057
Wynn’s sub-address (0x8da) has also posted >50% gains this month, holding long positions in BTC, HYPE, and XRP. Its total position size is $7.02 million, with overall unrealized profit of $390k (154%).
On January 1st, Wynn publicly predicted PEPE’s market cap would exceed $69 billion
1 seconds ago
QCP: Venezuela Situation Resonates with Option Funding, Enhancing Crypto Market Long Positioning
January 5 – QCP’s daily market analysis noted the crypto market gained traction in Asian morning trading, with Bitcoin topping $92,000 and Ethereum hitting $3,100. The trend aligned with a rebound in U.S. stocks and weaker oil prices, which markets saw as risk asset resonance fueled by macro factors: U.S. action on Venezuela, end-of-year tax-loss selling wrapping up, and new crypto legislation on the horizon.
Market chatter highlighted that a drop in oil prices easing inflationary pressures would be a positive for Bitcoin’s short-term performance. Industry rumors also circulate that Venezuela may hold sizeable “shadow Bitcoin holdings” and plans to begin using USDT for select oil transactions starting in 2024 — though these claims are unconfirmed. If true, Venezuela could become one of the largest sovereign holders of BTC.
Derivatives markets have turned notably bullish: put skew has fallen across all tenors. Since last week, there have been more than 3,000 trades of $100k-strike
1 seconds ago
Analyst: U.S. Dollar Strong Comeback, Geopolitical Risks Reshaping Forex Landscape
On January 5, the British pound slipped against the U.S. dollar but climbed to a two-and-a-half-month high versus the euro, following the U.S.’s removal of Venezuelan President Maduro.
Analysts at Monex Europe noted in a report that safe-haven demand spurred by geopolitical tensions in Venezuela and Iran lifted the U.S. dollar. They added the euro is more sensitive to trade disruptions, pushing the pound higher against the single currency—though this trend could prove temporary.
Looking ahead to 2026, the analysts said: “We expect the U.K.’s domestic political landscape to remain a headwind for economic growth and the pound.” By contrast, the euro may gain support from Eurozone fiscal policies aimed at stimulating growth.
(Source: FX168)
1 seconds ago
Global Digital Asset Inflow to Reach $472 Billion in 2025
Jan 5, 2025 — Total inflows into global digital asset investment products hit $47.2 billion in 2025, just shy of the 2024 record of $48.7 billion.
The year got off to a strong start: last Friday saw $671 million in inflows, which, combined with the prior week’s outflows, resulted in a weekly net inflow of $582 million.
In 2025, the U.S. led all countries in inflows with $47.2 billion, a 12% drop from 2024. Germany posted the most significant growth: $2.5 billion in inflows last year, versus a $43 million outflow in 2024. Canada also staged a recovery, with $1.1 billion in inflows (compared to a $603 million outflow in 2024). Switzerland’s investment demand ticked up slightly: $775 million in 2025 inflows, a 11.5% year-over-year increase.
Bitcoin faced a sharp setback in 2025, with fund inflows falling 35% to a projected $26.9 billion. Price declines drove $105 million in inflows into Bitcoin short positions last year, though such products remain a niche market with total asset
1 seconds ago
Ethereum Withdrawal Sentiment Rebounds, with a 24h CEX Net outflow of 4056.15 ETH
As of January 5th, Coinglass data shows centralized exchanges (CEXs) recorded a cumulative net outflow of 4,056.15 ETH over the past 24 hours.
Top 3 exchanges by ETH outflow:
- Coinbase Pro: 5,827.95 ETH
- Binance: 2,716.56 ETH
- Gate: 940.79 ETH
Additionally, OKX led ETH inflows with 1,599.79 ETH, topping the inflow ranking.
1 seconds ago