James Wynn, the pseudonym trader behind a billion dollars Bari earlier this year, is back. This time, Wynn has a lever effect on ASTER only a few days after being liquidated on the same token.
Wynn has opened a new 3X lever effect for a long time on ASTER, the native token of the emerger Aster Perpetuals Exchange, worth more than $ 16,000, entering $ 1.97 with a liquidation level of around $ 1.57. The move was identified for the first time by ONCHAIN’s objective.
Although the dollar amount seems small compared to the previous positions of Wynn, the trade is probably a coverage on a different position on Aster himself. “I crumble the air card $ aster,” wrote the merchant on X. “I think it will be one of the biggest [in] History of cryptography.
This decision is the last high risk bet of Wynn on the hyperliquid, a platform derived from Onchain where it previously withdrew $ 1.2 billion on Bitcoin using a 40x lever effect.
This position closed with a loss of $ 17.5 million, before turning into a billion dollars short film. At one point, he had all his portfolio of $ 50 million on the line.
This wild sequence ended with Wynn saying that he was moving away “a Wynner” after having brought in $ 25 million in profits.
Read more: how the implosion of $ 100 million from James Wynn is a familiar lever story
