James Wynn Returns with 3x Leveraged ASTER Trade Following Recent Liquidation – 28/9/2025
James Wynn, the pseudonymous trader behind a billion-dollar Bitcoin bet earlier this year, is back in the market. Just days after being liquidated on ASTER, Wynn has opened a new 3x leveraged long on the token.
The trade, first spotted 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 previous positions, the move appears focused on 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 high-risk wager from Wynn on Hyperliquid, an on-chain derivatives platform. Earlier this year, he executed a $1.2 billion Bitcoin long using 40x leverage, which ended with a $17.5 million loss before flipping into a billion-dollar short, at one point risking his entire $50 million wallet.
Wynn ultimately walked away “a wynner,” netting $25 million in profit. His return to ASTER underscores his continued appetite for leveraged, high-stakes crypto trades.
