A certain new address is 10x long on both PEPE and WIF, with a total position size of $4.5 million.

BlockBeats News Update, September 5th: According to LookIntoChain monitoring, a trader has recently created a new wallet address and deposited 701,000 USDC into Hyperliquid, then went long on PEPE and WIF with 10x leverage.

Position Details:

· 258 million kPEPE ($2.5 million)
· 2.47 million WIF ($2 million)

The community speculates that this new address belongs to James Wynn, but there is currently no further evidence to confirm this.