Crypto trader James Wynn takes a 25x long position on Ether as it surpasses $4,860, showing unrealized gains of over 267%. He also holds a 10x Dogecoin position, slightly underwater. Wynn’s total leveraged exposure is $345,000 with equity at $26,600 and margin usage at 110%.

After recent losses, Wynn returns to trading with aggressive positions on Bitcoin and PEPE. He deactivated his social media account last month with a final bio update saying “broke.” Wynn previously faced liquidations of $100 million and $25 million in leveraged positions.

Ether hits a new high of $4,867 as Federal Reserve Chair hints at a potential interest rate cut in September. Spot ETH ETFs see net inflows of $287.6 million, increasing collective assets to over $12.1 billion. Corporate treasuries, including BitMine and SharpLink, add $1.6 billion worth of ETH to total reserves of nearly $30 billion.

Read more at Cointelegraph: James Wynn Opens 25x ETH Long as Price Surges Above $4,860