{"id":3246,"date":"2025-06-18T11:48:08","date_gmt":"2025-06-18T11:48:08","guid":{"rendered":"https:\/\/bitunikey.com\/news\/james-wynns-side-wallet-reportedly-dumps-massive-moonpig-supply\/"},"modified":"2025-06-18T11:48:09","modified_gmt":"2025-06-18T11:48:09","slug":"james-wynns-side-wallet-reportedly-dumps-massive-moonpig-supply","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/james-wynns-side-wallet-reportedly-dumps-massive-moonpig-supply\/","title":{"rendered":"James Wynn\u2019s side wallet reportedly dumps massive MOONPIG supply"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">A wallet allegedly linked to James Wynn has offloaded over 10 million Moonpig tokens \u2014 a strategic de-risking or a desperate move to recover from recent liquidations?<\/p>\n<p>According to blockchain analyst <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/DataC58218\/status\/1935025420811821363\" target=\"_blank\">@DataC5821<\/a>, the wallet in question dumped approximately\u00a010.9 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.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Looks like <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/JamesWynnReal?ref_src=twsrc%5Etfw\" target=\"_blank\">@JamesWynnReal<\/a> is moving away from $MOONPIG as one of his side wallets dumped massive supply recently bringing down 50% token value  \ud83e\ude78\ud83e\ude78\ud83e\ude78<\/p>\n<p>Follow <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/DataC58218?ref_src=twsrc%5Etfw\" target=\"_blank\">@DataC58218<\/a> for more on chain updates <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/2rv6jDyViK\" target=\"_blank\">pic.twitter.com\/2rv6jDyViK<\/a><\/p>\n<p>\u2014 Crypto Analyst (@DataC58218) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/DataC58218\/status\/1935025420811821363?ref_src=twsrc%5Etfw\" target=\"_blank\">June 17, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>One user <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/vipevil1039656\/status\/1935033958036598991\" target=\"_blank\">suggested<\/a> the sell-off may have been part of Wynn\u2019s broader portfolio strategy, noting that he had recently told his followers on X \u2014 in a post that has since been deleted \u2014 that he was de-risking in response to escalating geopolitical tensions.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The analyst sarcastically responded that Wynn tends to \u201cde-risk\u201d 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.<\/p>\n<p>Whether driven by geopolitical risks or not, the recent sell-off follows Wynn\u2019s reported $100 million liquidation on Hyperliquid in late May, triggered when Bitcoin (BTC) price dipped below $105,000. However, it\u2019s still unclear whether Wynn actually incurred those losses. On June 13, crypto analyst Dethective challenged this narrative, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/dethective\/status\/1933609845157929420?t=YSUdevjf3MJUS_x2Dnuraw&amp;s=19\" target=\"_blank\">suggesting<\/a> that Wynn\u2019s losses were not actual cash outs but rather reflected trading against his own positions.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I found the Hyperliquid account where James Wynn was constantly counter-trading against himself.<\/p>\n<p>\u2022 Long BTC on one side<br \/>\u2022 Short BTC on the other<\/p>\n<p>We always suspected it, now I have the proof \ud83e\uddf5 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/JjKly8GH3e\" target=\"_blank\">pic.twitter.com\/JjKly8GH3e<\/a><\/p>\n<p>\u2014 dethective (@dethective) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/dethective\/status\/1933609845157929420?ref_src=twsrc%5Etfw\" target=\"_blank\">June 13, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A wallet allegedly linked to James Wynn has offloaded over 10 million Moonpig tokens \u2014 a strategic de-risking or a desperate move to recover from recent liquidations? According to blockchain&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3246"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3246\/revisions"}],"predecessor-version":[{"id":3248,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3246\/revisions\/3248"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3247"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}