Economy

After Bitcoin Failure, Trader Switches to DOGE and ETH

Bitcoin-Bankrupt Risk Trader James Wynn Turns to Ethereum and Memcoins Dogecoin (DOGE).

Having suffered a loss of $99,3 million due to the liquidation of a long on the purchase of BTC in July 2025, James went into the shadows and even deleted account on the social network X, which is banned in Russia. However, in August he returned and opened long positions on ETH and DOGE futures.

Not wanting to tempt fate, the trader closed a long on Ethereum with 25x leverage and, thanks to the rise in the digital asset’s rate, earned a profit of $8,204 after deducting the commission.

Wynn’s Closed ETH Long

His long position is on Dogecoin with 10x leverage is still in effect, but due to the decline in the value of the memecoin, the contract has left Wynn with an unrealized loss of $3,321.

A valid DOGE futures contract entered into by a trader

Despite the lack of big achievements, James believes in his luck and believes that he will be able to pocket millions of dollars during the current altcoin season. However, many members of the crypto community are not so optimistic.

I will also earn millions, but I am not sure that the altcoin season will start again. Now we can only hope that the rate of the coin you are holding will be pumped. But for the price of all coins to grow, no, this is unlikely to happen, — wrote a trader under the pseudonym AG UPDATE.

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