James Wynn: No Regrets on Large Position High-Leverage Contracts, Will Focus on Building a Community Around Moonpig
The whale James Wynn posted on platform X, stating: Being a contract gambler is very interesting, and I don't regret it at all. Turning $4 million into $100 million, then dropping back to $13 million, was extremely thrilling. Most people wouldn't dare or aren't willing to make such trades. They can't do it, don't have the money to do it, and don't have the courage to publicly take on such risks. Maybe next time I'll try to make $1 billion, I'll be back. For now, I'm going to invest time in helping build a community around moonpig.
Previously reported, the whale James Wynn closed a 40x leveraged BTC long position, with a single loss of $37.42 million, and switched to a 10x leverage long on PEPE, with an overall account loss of $14.03 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
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