Core Insights - James Wynn, a prominent crypto trader known for high-risk leverage trades, has returned to trading perpetual futures after previously announcing his retirement following significant losses [1][4][6] - Wynn's trading history includes turning a $7,600 investment in PEPE into $25 million in 2023, and later accumulating $87 million in profit through bold leverage bets before facing a downturn in the market [2][3] - As of October 15, Wynn deposited approximately $197,000 USDC on Hyperliquid and opened long positions with leverage ranging from 10x to 40x on Bitcoin, Ethereum, and PEPE [1][4][6] Trading History - Wynn gained notoriety in 2023 by transforming a modest investment into a substantial profit, which led to a significant following on social media platforms [2] - His trading on Hyperliquid began in March 2025, where he initially profited greatly but ultimately faced a series of liquidations that resulted in $13 million in losses [3][4] - Despite his previous losses, Wynn has resumed trading with high-leverage positions, indicating a strong willingness to re-engage in the high-stakes trading environment [4][6] Current Trading Activity - On October 15, Wynn announced his comeback to trading, stating he was "back with a vengeance" and quickly opened positions worth $3.8 million in Bitcoin with 40x leverage [4] - Other positions included long contracts on Ethereum and PEPE with leverage of 25x and 10x, respectively, although all three positions were currently in the red [5]