A wallet allegedly linked to James Wynn has offloaded over 10 million Moonpig tokens — a strategic de-risking or a desperate move to recover from recent liquidations? According to blockchain analyst @DataC5821, the wallet in question dumped approximately 10.9 million Moonpig…A wallet allegedly linked to James Wynn has offloaded over 10 million Moonpig tokens — a strategic de-risking or a desperate move to recover from recent liquidations? According to blockchain analyst @DataC5821, the wallet in question dumped approximately 10.9 million Moonpig…

James Wynn’s side wallet reportedly dumps massive MOONPIG supply

2025/06/18 19:30

A wallet allegedly linked to James Wynn has offloaded over 10 million Moonpig tokens — a strategic de-risking or a desperate move to recover from recent liquidations?

According to blockchain analyst @DataC5821, the wallet in question dumped approximately 10.9 million Moonpig (MOONPIG) tokens worth $120.2K. On-chain data shows a rapid sequence of sell transactions clustered around the $14 million to $10 million market cap range, culminating in a crash to approximately $9.5 million at the time of reporting. Since then, the market cap has rebounded slightly, currently standing at $9.9 million.

One user suggested the sell-off may have been part of Wynn’s broader portfolio strategy, noting that he had recently told his followers on X — in a post that has since been deleted — that he was de-risking in response to escalating geopolitical tensions.

The analyst sarcastically responded that Wynn tends to “de-risk” only after getting liquidated on Hyperliquid, implying that the MOONPING dump may have had less to do with global events and more to do with covering personal trading losses.

Whether driven by geopolitical risks or not, the recent sell-off follows Wynn’s reported $100 million liquidation on Hyperliquid in late May, triggered when Bitcoin (BTC) price dipped below $105,000. However, it’s still unclear whether Wynn actually incurred those losses. On June 13, crypto analyst Dethective challenged this narrative, suggesting that Wynn’s losses were not actual cash outs but rather reflected trading against his own positions.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Top Crypto Presales of 2025

Top Crypto Presales of 2025

The post Top Crypto Presales of 2025 appeared on BitcoinEthereumNews.com. Crypto News Discover the top crypto presales of 2025 with BlockDAG, Bitcoin Hyper, Snorter Token, and BlockchainFX leading innovation and market growth. The 2025 presale phase is reshaping how early-stage blockchain projects gain traction. As global interest rises, market participants are turning toward the top crypto presales that offer real technology, adoption potential, and structured growth. This wave introduces several promising names, such as Bitcoin Hyper (HYPER), Snorter Token (SNORT), and BlockchainFX (BFX), each contributing to a specific area of crypto from trading automation to financial integration. Yet, one name has outshone them all: BlockDAG (BDAG). Having raised over $434 million, BDAG continues to prove that reaching a $1 valuation is not just speculation but a calculated path forward. This lineup of top crypto presales showcases how innovation and structure define the projects poised to lead the next growth era. BlockDAG (BDAG): The Project Redefining Market Potential While many projects rely on hype, BlockDAG (BDAG) is building its reputation through data-backed performance, making it a leader among the top crypto presales of 2025. Currently in Batch 31 at $0.0015 per coin, BDAG has crossed $434 million in raised funds, sold 27.1B+ coins, and attracted a massive base of 312,000 holders and 3 million miners through its X1 mobile app. The confirmed launch price of $0.05 already implies a 3,233% ROI for early participants, though some analysts believe its potential goes much higher. If BDAG reaches $1, its estimated market cap would approach $27 billion, placing it within the top 20 rankings on CoinMarketCap, just below projects like Polygon and Avalanche. Its hybrid DAG and Proof-of-Work model, 1,400 TPS capability, and partnership with the BWT Alpine F1 Team make this projection appear grounded rather than speculative. Each presale batch continues to sell out quicker than the last, reflecting strong and growing…
Share
BitcoinEthereumNews2025/10/30 07:23