Bitcoin ($BTC), Ethereum ($ETH), and altcoins started 2026 with a strong recovery. This recovery has also energized whales, and James Wynn, known as the Hyperliquid whale, has made another bold move.
Accordingly, James Wynn, known as a whale of the decentralized exchange (DEX) Hyperliquid (HYPE), opened a long position in Ethereum.
OnChainLens, an on-chain data platform, reported that James Wynn opened a long position on Ethereum with 25x leverage.
According to the platform, James Wynn closed his long position in Bitcoin after making a profit of approximately $88,000, and then opened an $ETH position after Bitcoin.
Wynn is also known to currently hold a long position on Pepe ($PEPE) with 10x leverage, in addition to his Ethereum holdings.
Legendary whale Wynn stated that he believes Ethereum will currently outperform Bitcoin:
“Yes, I’ve always said that $BTC is my favorite thing to trade. However, as of now, I think $ETH will significantly outperform $BTC in the coming weeks.”
And of course, the $PEPE long position remains open. If $ETH or $BTC moves, $PEPE moves harder, faster, and stronger. That’s a basic memetic principle.”
James Wynn has been making headlines with his bold moves, and in recent weeks he announced his decision to invest a significant portion of his portfolio in XRP.
*This is not investment advice.
news.bitcoin.com
crypto-economy.com
bitcoinworld.co.in