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A certain new address is 10x long on both PEPE and WIF, with a total position size of $4.5 million.

By: theblockbeats.news|2025/09/05 08:41:52

BlockBeats News Update, September 5th: According to LookIntoChain monitoring, a trader has recently created a new wallet address and deposited 701,000 USDC into Hyperliquid, then went long on PEPE and WIF with 10x leverage.

Position Details:

· 258 million kPEPE ($2.5 million)
· 2.47 million WIF ($2 million)

The community speculates that this new address belongs to James Wynn, but there is currently no further evidence to confirm this.

Ethereum Withdrawal Trend Continues, with a CEX Net Outflow of 48,200 ETH in the Last 24 Hours

The new address increased its holdings with an average price of $4315, acquiring 15,256.6 ETH. The current unrealized gain is approximately $1.3 million.