#以太坊大户持仓变化 A trader's reckless operation has once again been exposed on-chain.

This wallet address 0x507...edb6, belonging to trader James Wynn, has recently been making waves in the market—continuously opening ultra-high leverage positions. The latest move involved directly using 25x leverage to go long on ETH, a risk level that would make most people’s hearts race just by looking at it.

Even crazier is this guy’s track record: he just closed a BTC long position with a net profit of $87,594, which is a substantial gain. But that’s not all—he also holds a 10x leveraged PEPE long position, which has now seen an unrealized profit soar to $172,000, more than double the profit from the BTC trade.

What does 25x leverage mean? Any market fluctuation could trigger a liquidation, turning investing into gambling. Yet this guy keeps eating up the gains wave after wave, pushing his risk appetite to the limit.

Many on-chain observers are amazed: such operations are not something ordinary people can replicate. Watching the excitement and gaining some knowledge is fine, but blindly following the trend is just throwing money away. High leverage can indeed quickly accumulate profits, but it can also lead to instant liquidation—choose the wrong direction and you could be back to zero in a second.