Trader James Wynn, known as 0x507, closed all long positions in PEPE and Ethereum on the Hyperliquid platform, withdrawing about $41,000. Wynn earned approximately $110,000 from PEPE trades but lost around $160,000 on ETH positions. His account grew from roughly $20,000 to a $900,000 peak before suffering 12 liquidations on January 8. Despite these setbacks, Wynn concluded with a net profit of about $20,000.