From Slums to Crypto Whales: The Rise of a Contract Whale

Recently, a former major holder of the PEPE token has turned into a contract trading Whale, and his frequent actions of opening positions worth hundreds of millions of dollars on a certain trading platform have sparked widespread attention in the market. As one of the few publicly identified major holders active in the community on this platform, James Wynn's daily position changes have become the focus of many investors.

From "10U War God" to PEPE token Whale

According to James Wynn's account on social media, he was born in a forgotten small town in the UK, rife with crime, drugs, alcohol, and poverty. He stated that he had a tough life growing up, "barely getting by each week."

In 2022, after being introduced to cryptocurrency, James Wynn became a member of the "10U War God" and often navigated between several ultra-low market cap meme coins. Later, he discovered the PEPE token on a certain platform and chose to heavily invest in it, thus earning tens of millions of dollars. On-chain data also confirms this.

According to social media information, James Wynn became active in 2023, with his early content almost entirely focused on the promotion and publicity of the PEPE token. In April 2023, he predicted that the market value of the PEPE token would reach $4.2 billion, while its market value at the time was only $4.2 million. A year later, this prediction not only came true but even exceeded his expectations. By October 2024, the market value of PEPE peaked at over $10 billion, making it one of the highest-valued meme coins.

As one of the largest holders of the PEPE token, James Wynn has made a huge profit. According to statistics, his initial investment in PEPE was only $7,600, and by April 2024, his earnings had exceeded $25 million. Considering that PEPE later rose again by about 3 times, James Wynn's total earnings could surpass $50 million.

The Road to Transformation: From Community Promoter to Investment Analyst

In 2024, with the successful creation of the PEPE deity persona, James Wynn began to delve into more meme coins and frequently released information on new tokens for recommendations. However, during an operation involving the ELON token, his actions sparked controversy, leading to damage to the community's reputation.

After this event, the content of James Wynn gradually shifted from being a community promoter to transitioning into an investor and analyst. In the second half of 2024, he began to focus on aspects such as Bitcoin trends and market analysis, and changed his social media name from "James Wynn (The GOAT)" to "James Wynn Whale".

high-leverage gamble of 1.2 billion USD

In March 2025, James Wynn officially entered a trading platform, depositing approximately $6 million for contract trading. In just two months, through high leverage operations, by May 24, his profits had increased to about $48 million.

Especially in the past month, James Wynn has frequently gained popularity on social media through high leverage and large position investments, further proving his trading skills with a monthly profit of 36 million dollars.

His trading goals on the platform are relatively simple, mainly focusing on Bitcoin and a few meme coins such as PEPE, TRUMP, and FARTCOIN. For example, on April 6, 2025, he longed Bitcoin at an average price of $94,292 with 40x leverage; when the price of Bitcoin rose from $94,000 to $100,000, his floating profit reached $5 million. His 10x leveraged long position in PEPE had a floating profit of as much as $23 million. Trading in TRUMP and FARTCOIN tokens also contributed approximately $5 million to $5.57 million and $4.3 million to $5.15 million in profits, respectively.

As of May 24, James Wynn's total funds on the platform amounted to approximately $55.8 million, compared to an opening position of $1.25 billion. His overall leverage ratio is about 22 times, and at such a leverage rate, if market fluctuations exceed 5%, he may face full liquidation. This trading style is considered high risk and high reward, and is not suitable for ordinary traders. Given that James Wynn previously earned tens of millions of dollars in principal from meme coins like PEPE, his positions are still within a controllable risk range. On May 24, James Wynn closed a position valued at $1.2 billion, incurring a loss of approximately $13.39 million, bringing his overall profit down to around $40 million.

Looking at James Wynn's encryption trading career, from an unknown figure to a leader in meme coins, and then transforming into a contract trading Whale, his experience seems to match people's imagination of the story of wealth in encryption. Despite holding immense wealth, he remains active on social media. This exposure has also brought him tangible benefits; during the meme coin recommendation period, he could leverage his influence to ensure that the coins he invested in had follower support. As for the contract trading stage, with the increase in market attention, James Wynn's actions have, to some extent, influenced some traders' judgments on market trends, even creating a following effect.

Overall, James Wynn's success appears to be a combination of market timing, exceptional courage (or extreme risk-taking), and strong self-marketing skills. His "rags-to-riches story" leaves many questions in the market: is he a visionary trading genius, or merely a lucky one who caught the wave of the times? Is the next stop continued wealth or liquidation?

The encryption market has never lacked stage "tycoons", but to become a "perennial tree", it still needs to withstand the test of time. The story of James Wynn continues, and we will wait and see his future development.