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

By: theblockbeats.news|2025/09/05 08:41:52

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.

The new address increased its holdings with an average price of $4315, acquiring 15,256.6 ETH. The current unrealized gain is approximately $1.3 million.Ethereum Withdrawal Trend Continues, with a CEX Net Outflow of 48,200 ETH in the Last 24 Hours

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

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