James Wynn Returns with 3x Leveraged ASTER Bet After Recent Liquidation – 28/9/2025
James Wynn, the pseudonymous trader known for his billion-dollar Bitcoin wagers earlier this year, is back in the market. Just days after being liquidated on ASTER, Wynn has taken a new 3x leveraged long position on the token.
The trade, first flagged by Onchain Lens, is valued at over $16,000, entered at $1.97 with a liquidation price near $1.57. While modest compared to Wynn’s prior trades, the move is reportedly aimed at securing ASTER’s upcoming airdrop.
“I’m farming the $ASTER airdrop,” Wynn wrote on X. “I believe it will be one of the biggest [in] crypto history.”
This is the latest in Wynn’s series of high-risk plays on Hyperliquid, an on-chain derivatives platform. Earlier this year, he executed a $1.2 billion Bitcoin long with 40x leverage, which ended in a $17.5 million loss before flipping into a billion-dollar short, at one point putting his entire $50 million wallet on the line.
Wynn ultimately emerged “a wynner,” netting $25 million in profit. His return to ASTER underscores his continued appetite for leveraged, high-stakes crypto trades.
