James Wynn, the pseudonymous trader behind a billion dollar SATS earlier this year is back. This time, Wynn makes a geared game at Aster just days after they were liquidated on the same token.
Wynn has opened a new 3x gear long at Aster, the native token for the new Aster Perpetuals Exchange, worth over $ 16,000, entering $ 1.97 with a liquidation level around $ 1.57. The move was first discovered by the onchain lens.
While the dollar amount seems small compared to Wynn’s previous positions, the trade is probably a hedge in another position on the aster of the very. “I agriculture of $ Aster AirDrop,” wrote the trader of X. “I think it will be one of the biggest [in] Crypto History. “
The move is Wynn’s latest effort at high risk on Hyperliquid, an onchain derivative platform, where he previously took a $ 1.2 billion long on Bitcoin using 40x leverage.
This position closed at a loss of $ 17.5 million before turning into a short billion dollar. At one point he had his entire $ 50 million wallet on the line.
The wild stripe ended up with Wynn saying he was going away “a wynner” after neting $ 25 million in profit.
Read more: How James Wynns $ 100 million Implosion is well -known gearing story
