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Prices Head Lower as Trade War Heats Up

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What was setting up to be a somewhat sleepy session ahead of the holiday weekend is no more as President Trump woke up and chose to reignite what had been cooling trade tensions.

“The European Union … has been very difficult to deal with,” said the president in a Truth Social posting. “Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% tariff on the EU, starting on June 1.”

The leader of the free world also took aim at Apple (AAPL) and its CEO Tim Cook. “I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the U.S. will be manufactured and built in the U.S., not India or anyplace else. If that’s not the case, a tariff of at least 25% must be paid by Apple.”

U.S. stock index futures quickly moved from modest gains to nearly 2% declines, with Apple falling 3.6%. Above $111,000 prior to the news, the price of bitcoin

quickly pulled back to $108,600.



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GB200 Grace Blackwell Superchip
Gaming Gear

DGX B200 Blackwell node sets world record, breaking over 1,000 TPS/user

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Nvidia has reportedly broken another AI world record, breaking the 1,000 tokens per second (TPS) barrier per user with Meta’s Llama 4 Maverick large language model, according to Artificial Analysis in a post on LinkedIn. This breakthrough was achieved with Nvidia’s latest DGX B200 node, which features eight Blackwell GPUs.

Nvidia outperformed the previous record holder, SambaNova, by 31%, achieving 1,038 TPS/user compared to AI chipmaker SambaNova’s prior record of 792 TPS/user. According to Artificial Analysis’s benchmark report, Nvidia and SambaNova are well ahead of everyone in this performance metric. Amazon and Groq achieved scores just shy of 300 TPS/user — the rest, Fireworks, Lambda Labs, Kluster.ai, CentML, Google Vertex, Together.ai, Deepinfra, Novita, and Azure, all achieved scores below 200 TPS/user.

Blackwell’s record-breaking result was achieved using a plethora of performance optimizations tailor-made to the Llama 4 Maverick architecture. Nvidia allegedly made extensive software optimizations using TensorRT and trained a speculative decoding draft model using Eagle-3 techniques, which are designed to accelerate inference in LLMs by predicting tokens ahead of time. These two optimizations alone achieved a 4x performance uplift compared to Blackwell’s best prior results.


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Accuracy was also improved using FP8 data types (rather than BF16), Attention operations, and the Mixture of Experts AI technique that took the world by storm when it was first introduced with the DeepSeek R1 model. Nvidia also shared a variety of other optimizations its software engineers made to the CUDA kernel to optimize performance further, including techniques such as spatial partitioning and GEMM weight shuffling.

TPS/user is an AI performance metric that stands for tokens per second per user. Tokens are the foundation of LLM-powered software such as Copilot and ChatGPT; when you type a question into ChatGPT or Copilot, your individual words and characters are tokens. The LLM takes these tokens and outputs an answer based on those tokens according to the LLM’s programming.

The user part (of TPS/user) is aimed at single-user-focused benchmarking, rather than batching. This method of benchmarking is important for AI chatbot developers to create a better experience for people. The faster a GPU cluster can process tokens per second per user, the faster an AI chatbot will respond to you.

Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button.



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Picture showcasing player with rare swords in Dungeon RNG Roblox.
Esports

Dungeon RNG codes (May 2025)

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Screenshot by Dot Esports

You’d need a lot of luck portions to get your dream swords.

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Published: May 23, 2025 08:56 am

Updated May 23, 2025: Added a new code.

If you want to get your hands on the most powerful blades in the history of humanity, Roblox’s Dungeon RNG is a match in heaven for you.

In Roblox’s Dungeon RNG, players roll their dice to have a chance at collecting different swords with powerful effects. While you start with a simple weapon, you can roll your odds and get your hands to some powerful weapons to take down dungeons. However, if you need a lot of luck and rolling portions to get there faster than others, we have the codes that can give you these items for free to reach your milestone quicker and get favorable odds.

Follow this article to get updates

Here is everything you need to know about Roblox’s Dungeon RNG codes.

All Roblox’s Dungeon RNG codes (working)

Who has the strongest sword? Image via Clicker House

Here is a list of all the working codes for Roblox’s Dungeon RNG:

  • SummerEvent: Rewards (New)
  • EvilBlacksmith: 10 Super XP Potions (New)
  • AprilFools: 1 Aprils Fools Potion (New)
  • Easter2025: 1 Super Magic Potion
  • SaintPatrick2025: 1 Leprechaun Potion
  • SkillTree: OP Potion
  • FiftyMillionVisits: OP Potion
  • ImOpNowRight?: 2 Magic Potions
  • Valentine2025: Super Magic Potion
  • Winter2025: Potions
  • NewYear2025: 2 Super Magic Potions
  • ServerBoostMeter: Free rewards
  • FreeWinterRift: Potion
  • SoloRiftUpdate: Potion
  • FortyMillionVisits: Super Magic Potion
  • Snowflakes: 1 Super Magic Potion and 2 Super Roll Speed Potions
  • CosmicUpdate: 2 Magic Potions
  • ThirtyFourMillionVisits: 1 Magic Potion
  • ServerRestart: 2 Magic Potion
  • Update15: 1 Magic Potion
  • ThirtyTwoMillionVisits: 2 Magic Potions
  • ThirtyMillionVisits: 3 Magic Potions
  • TrickOrTreat: 2 Magic Potions
  • TwentyEightMillionVisits: 1 Magic Potion
  • Halloween: 3 Magic Potions
  • TwentyFiveMillionVisits: 1 Magic Potion
  • Update12: 1 Magic Potion
  • TwentyTwoMillionVisits: 1 Magic Potion and 2 Super Luck Potions
  • TwentyMillionVisits: 2 Shiny Luck Potions
  • Update11: One Magic Potion
  • SeventeenMillionVisits: Two Shiny Luck Potions
  • Update10: One Magic Potion
  • TwelveMillionVisits: Two Shiny Luck Potions
  • Update9: One Magic Potion
  • KeepRollingToHitBig: One Magic Potion
  • FiveMillionVisits: One Magic Potion
  • FourMillionVisits: One Magic Potion
  • ThreeMillionVisits: Five Super Roll Speed Potions
  • TwoMillionVisits: One Magic Potion
  • OneMillionVisits: Two Super Luck Potion
  • Update5: Two Shiny Luck Potions 
  • Update4: Four Super Luck Potions and One Magic Potion
  • Update3: One Super Luck Potion
  • Update2: Two Super Roll Speed Potions
  • Update1: Two Super Roll Speed Potions
  • Release: One Super Luck Potion

All of the above-stated codes are case- and character-sensitive. Make sure to copy and paste the codes directly to your game to avoid any problems and enjoy the benefits of pulling out the rarest of swords in the game.

How to redeem Roblox’s Dungeon RNG codes

Get free portions to boost your chances! Screenshot by Dot Esports

To redeem all the Roblox’s Dungeon RNG codes, click on the Shop Menu option on the left side of your screen. After that, scroll down to the Codes option and put your code down. After successfully using the code, it should say the code has been redeemed, and the freebies should be added to your inventory.

If you’re looking for other free items in Roblox’s other titles, you can read our guides on Anime Destiny Simulator and Battle Pets TD codes to get more free items.

Dot Esports is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more about our Affiliate Policy



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Post-ATH Crash Incoming? XRP on Verge of Major Trend Test Now, Solana's (SOL) $200 Surge Looms
GameFi Guides

Post-ATH Crash Incoming? XRP on Verge of Major Trend Test Now, Solana’s (SOL) $200 Surge Looms

by admin


  • XRP prepares for fight
  • Solana can smell $200

With its recent all-time high of almost $112,000, Bitcoin has sent the market into a state of euphoria. The top cryptocurrency, however, is now displaying signs of exhaustion at the same rate that it rose, with a possible reversal emerging on the daily chart. Long upper wicks on the most recent candlesticks indicate rejection from higher levels.

Already the price has fallen below $110,000, and the volume is beginning to decrease. There may be an impending deeper correction as the Relative Strength Index (RSI) is trending lower from overbought levels above 70. Bitcoin might return to the $102,000 breakout point if it loses $107,000-$108,000. If that support were broken, the bearish momentum would probably get stronger. The technical risk is compounded by a major macroeconomic development.

On June 1, 2025, a new 50% tariff on goods imported from the EU is scheduled to go into effect. The action aims to address alleged trade imbalances and may spark a round of economic reprisals from EU countries. This increases the level of uncertainty for global risk assets such as cryptocurrency and raises the possibility of capital flight from unstable positions.  

BTC/USDT Chart by TradingView

A tariff war, however, might harm liquidity and halt institutional appetite in this situation. Bitcoin may not be safe from geopolitical pressure if capital moves into safer asset classes or if conventional markets falter. In fact, it might be particularly susceptible to a steep correction given the speculative nature of its current rally.

A steep pulldown could be triggered by a weakening trend dropping volume and increasing trade-related macro tension. Traders should closely monitor the $102,000 level because a crash landing could end the post-ATH party if it breaks.

XRP prepares for fight

As Bitcoin continues to take center stage and advance into new markets, XRP seems to be falling behind, not keeping up with the general optimism that is propelling the cryptocurrency market. Although the price of XRP has technically recovered its key exponential moving averages and broken out of its descending channel, the momentum has stalled, particularly in contrast to Bitcoin’s spectacular rally.

With bullish structure still present, albeit marginally, XRP is currently trading close to $2.45 and has established a local support zone between $2.30 and $2.35. Although the price action has moved above the 100- and 200-day EMAs, it is still erratic and cautious. With the RSI hovering around neutral, there is little indication that a breakout push is imminent. Moreover, volume levels have not encouraged a long-term rally. 

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The increasing market dominance of Bitcoin is one of the main factors hurting XRP. As Bitcoin’s dominance grows, altcoins are losing money. Bitcoin usually becomes the main force behind cryptocurrency capital flows during times of high dominance, leaving altcoins like XRP to struggle for inflows. The reason why XRP can hardly sustain post-breakout gains while Bitcoin is easily exploring price discovery around $111,000 is due to this dynamic. There is pressure on the altcoin market as a whole as well. 

A lot of layer 1s and DeFi tokens are trailing behind, failing to hold breakouts or acquire traction. With its regulatory baggage and erratic on-chain metrics, XRP is not positioned as a top beneficiary in the current risk-on cycle, and Bitcoin’s gravitational pull is stifling the alt season narrative. XRP might keep lagging unless BTC levels off and dominance declines. For the time being, XRP is still on the sidelines of the bull market party, but that could change with a strong volume surge and a reclaiming of $2.60. 

Solana can smell $200

As the price of Solana rises to $186 and approaches the psychologically significant $200 mark, it is clearly demonstrating renewed momentum. The asset has recently confirmed the strength of the local uptrend by breaking out of a short-term consolidation pattern. More significantly, if the right circumstances materialize, technical indicators are beginning to flash signals that could support the next leg upward. 

The 26-day EMA crossing above a number of significant moving averages, such as the 50 and 100 EMAs, is among the most telling developments. Despite not being a golden cross in the conventional sense, this crossover is nevertheless a significant indication of growing local momentum. It displays short-term strength and heightened bullish interest, which may serve as the basis for a long-term rally toward $200. 

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The larger context adds some caution even though the short-term outlook seems bright. The 200 EMA, in particular, and the longer-term moving averages are still well below the current price movement. The bullish structure will stay locally confined until these lagging indicators start to turn upward and close the gap with the spot price. Additionally, volume patterns support the breakout. 

Solana is just beginning what could be a long-term breakout if local momentum keeps increasing. The $200 goal is easily attainable, but longer-term support catching up will determine whether SOL can maintain its position above it. Until then, traders should avoid chasing a move that is still maturing by closely monitoring volume and trend confirmation.



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Fujifilm’s half-frame camera ditches modern features for retro fun
Product Reviews

Fujifilm’s half-frame camera ditches modern features for retro fun

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The first thing I noticed about the Fujifilm X Half is just how small and light it is. The camera is designed to give you no excuses — you should be able to bring it with you everywhere. And after spending a few hours walking around LA with the camera, I’m starting to understand why you’d want to.

Fujifilm’s latest doesn’t necessarily impress on paper. The X Half is an $850 camera with a vertically oriented 1-inch sensor capable of taking 18MP photos. There’s no electric or hybrid viewfinder, no stabilization, no hot shoe, and it can’t even take RAW photos. It’s very easy to look at that list of missing features and disregard the camera altogether.

An interactive small sub monitor show you which film simulations you are currently using. Photo by Vjeran Pavic / The Verge

But the X Half’s simplicity is very much the point. This is a camera for taking scrappy, quick photos and capturing memories. A lot of its flaws are masked with film simulations, filters, and superimposed grain. Its limitations are a feature, not a bug.

The camera comes with a fixed 32mm equivalent f/2.8 lens. Even with all the added grain and filters turned off, I found it to perform very well. The dynamic range is acceptable with natural highlight falloff, edges are sharp, and there’s even some bokeh if you plan accordingly. But I didn’t want to take those kinds of photos with this camera.

Fujifilm loaded the X Half with a number of its most popular film simulations, which mimic the look of classic films, and it also added a bunch of new filters. There’s halation, mirror mode (throwback to Apple’s Photo Booth, anyone?), selective color, dynamic tone, fish eye, and so much more. Some of these are downright silly, but some are endearing and whimsical. My favorite was the light leak. It adds light leaks to your photos in a random fashion, so you never know what you’ll get until after you shoot.

On the top of the camera is something unique: a digital “film advance” lever. Cranking the lever is integral to two of the camera’s new features, 2-in-1 diptychs and film mode.

You can even choose to burn-in the current date in your photo for true 2000’s nostalgia. Photo by Vjeran Pavic / The Verge

Diptychs let you merge two images side by side. This feature makes a whole lot more sense in a film camera, but Fujifilm is trying to replicate the idea for a digital world. You start a diptych by cranking the lever like you would on a film camera. (Although unlike a film camera, a digital camera can also record a video, so that can now be part of your diptych, too.)

Then there’s film mode, which is designed to more closely mimic an analog camera. It basically locks you out of using modern features and moving too quickly. There’s no way to preview your shot on the main screen, you’re forced to crank the lever to advance your imaginary film before taking the next photo, you’re locked into a specific look until you’ve finished your “roll,” and there’s no way to play back the photos you’ve just taken either. It is easily my favorite mode here because it strips so much of what we’re used to with digital cameras and makes us use this camera entirely differently.

This mode perfectly encapsulates why I don’t mind the exclusion of an electric viewfinder. Using the optical one in this mode makes you guess your composition and your framing, and you simply won’t know the results until you’re done with your whole roll. Once you’re done, the digital roll “rewinds” and you can look at your photos in the app. Unfortunately the app isn’t finalized and wasn’t available during my demo, but the files are still saved on the SD card.

Once you are done with you digital roll of film, you can look over your contact sheet. Photo by Vjeran Pavic / The Verge

The only immediate negative, no pun intended, I have noticed so far is that the camera just feels a bit slow. Despite using a fairly fast SD card, write speeds seemed slow and took me out of the moment more than a few times. Creating a diptych with a photo and a video took a long time to save onto the SD. It also slowed me down when using Film mode, where you have to “advance the film” after each shot. I found myself having to wait for the previous photo to save before cranking the lever.

Even the main touchscreen, which is largely how you interact with this camera, wasn’t as responsive as I’d want it to be. There are two screens on the back — a pill-shaped screen that lets you choose film sims and navigate menus, and a vertical screen for changing settings and previewing images. Some inputs weren’t registering even after a few attempts, and I wasn’t the only one at the camera event with the same issue.

Despite those issues, I thoroughly enjoyed my brief time with the camera and was frequently delighted by the clever ideas the Fujifilm team implemented here. I hope to see more companies making bold decisions with hardware and software like this that alter the experience of using the camera.

There are far more capable cameras at a similar price point. But if you’re looking for something refreshing and joyful, the X Half is shaping up to be a brilliant little camera.





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Metal Gear Solid Delta: Snake Eater has revised iconic Bond-theme opening
Game Reviews

Metal Gear Solid Delta: Snake Eater has revised iconic Bond-theme opening

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Konami has released the intro video for Metal Gear Solid Delta: Snake Eater, a remake of the iconic Bond-theme opening from the original game.

Singer Cynthia Harrell has re-recorded the theme song Snake Eater, while Kyle Cooper has re-done the visuals to match the revised main game.

While the song is essentially the same, the visuals are changed. The description states the staff credits will be included in the in-game version.

Metal Gear Solid Delta: Snake Eater opening movieWatch on YouTube

In the PS2 original the song comes after the initial prologue section as a credits sequence – just as you’d expect in a Bond film.

The new version has altered visuals in a similar style, but includes more gameplay footage, giving us another look at the improved graphics.

Before Snake Eater, Harrell also sang the theme song I Am The Wind for Castlevania: Symphony of the Night.

Metal Gear Solid Delta: Snake Eater will release on PS5, Xbox Series X/S and Steam on 28th August, complete with the Snake vs Monkey minigame.

Back in 2023, Konami confirmed Kojima Productions was not involved in the Snake Eater remake. Instead it’s been developed by Konami and Virtuos. Kojima and Konami infamously had a falling out, with Kojima leaving the company after Metal Gear Solid 5 to start his own studio.

Still, the game is a “doggedly faithful remake”, reads our Eurogamer Metal Gear Solid Delta preview.

Kojima himself is busy with Death Stranding 2, which releases next month, putting the two games somewhat in competition over the summer. He’ll then be working on his own new espionage game, Physint, but don’t expect it out for another few years.



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1.1 Billion Shiba Inu (SHIB) Burnt In One Week: What's Happening?
NFT Gaming

1.1 Billion Shiba Inu (SHIB) Burnt In One Week: What’s Happening?

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The network has kept up its goal of shrinking the SHIB supply. New data indicates that the community has taken over 1.1 billion tokens out of circulation.

Community members used the burn portal, which shows that over 14 million SHIB tokens were destroyed just hours earlier. There was a 4.18% increase in burned SHIB over the past week, showing more people are now involved in reducing the token’s circulating supply.

Within the past week, two burns stood out. On May 21, a total of 15.1 million SHIB were burned, and on May 23, another 14.4 million. A community-based push called the SHIB Torch Initiative is asking users to burn tokens by allowing them to see and track burns in real-time.

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When the SHIB tokens go to a dead wallet, they will never become part of SHIB again. Shibarium plans to make the token rare by including burns in its design.

They expect that as more SHIB gets burned, the price of the cryptocurrency will rise over time.

Shibarium network hits record activity

According to an official update, Shibarium handled more than 944,000 transactions on May 23, 2025. All of these transactions prove that more and more people are turning to the platform for their speedy and cheap transfers.

Even though many transactions are taking place, each fee averages only $0.00017, which keeps Shibarium inexpensive for developers. According to some, increased transactions show that more people are using or sending tokens on the Shiba Inu platform.

Due to its ease of use and affordable fees, Shibarium attracts interest from both investors and developers. At the same time, the network produced 523.23 BONE. Even though this is a very big number, it is small compared to the transactions processed.

U.Today announced that more than 121 billion SHIB had been sent by the Coinbase hot wallet to a brand-new crypto wallet.

Experts believe that SHIB will rise nearly 32% in price in a short period. CoinMarketCap reports that after a 4.42% change yesterday, SHIB’s price is now $0.00001460, reflecting events in the cryptocurrency space. The amount of SHIB traded today has risen 26.74% to $465.74 million.



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Decrypt logo
Crypto Trends

Bitcoin and Ethereum ETFs Add More Than $1 Billion Combined in a Single Day

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In brief

  • Bitcoin hit an all-time high price this week while Ethereum surged earlier in May.
  • The BTC price record comes as investors buy into exchange-traded fund shares.
  • Ethereum ETFs are also collecting cash, though they haven’t seen the same demand as Bitcoin funds.

Bitcoin and Ethereum exchange-traded funds on Thursday received over $1 billion in new investments, the highest combined inflows in five months, underscoring the accelerating appetite for crypto-focused products over the past two weeks.

BlackRock’s iShares Bitcoin Trust (IBIT) accounted for most of that total, generating $877 million in net inflows. That’s the third-highest daily total for the fund, which has spearheaded the recent surge, according to data from U.K. asset manager Farside Investors. Bitcoin funds in total received $935 million in inflows. 

“It’s a continuation of the momentum we’ve seen, particularly in IBIT, which hasn’t seen outflows since April 9—the day that Bitcoin put in its recent lows,” Sumit Roy, senior ETF analyst for ETF.com, told Decrypt.

He added: “The fact that Bitcoin is hitting new record highs is helping, as well, of course. There’s been a strong relationship between flows and price, and I expect that to continue.”

Bitcoin’s price has risen more than 48% since dipping below $75,000 in early April, with much of those gains coming as U.S. President Donald Trump scaled back his trade war and the latest inflation reports were tamer than expected. Investors have also looked at BTC increasingly as a safe haven asset amid still volatile macroeconomic conditions.



IBIT has received more than $1.9 billion in assets through the first four days of this week. It is the third time in the last month that the fund has collected more than than a billion in assets during a single week. 

It generated $2.4 billion and about $1 billion for the weeks of April 28 and May 5, respectively. The fund has totaled nearly $41 billion in net inflows since its debut in January 2024, more than four times that of the Fidelity Wise Origin Bitcoin Trust (FBTC), which has the next-highest amount.

Bitcoin this week broke a new record when it hit a price of $111,814, according to crypto price data firm CoinGecko. 

Ethereum ETFs received more than $110 million in inflows on Thursday, led by the Grayscale Ethereum Trust (ETHE) and Fidelity Ethereum Trust (FETH) with more than $40 million apiece, according to Farside.  

Ethereum price gains, which lagged behind those of Bitcoin and other coins, have outpaced those assets over the past month. Ethereum was recently trading at $2,565, down 3.5% from Thursday at the same time but up more than 46% over the past 30 days. 

BlackRock’s iShares Ethereum Trust (ETHA) has received over $4.3 billion in net inflows, more than double the investment in the next closest competitor in the space. The eight funds currently trading have generated more than $2.7 billion in net inflows, with Grayscale’s ETHE accounting for nearly $4.3 billion in net outflows. The fund is a conversion from a so-called closed trust that carries a higher fee than other ETFs in the category. 

“Ethereum ETFs aren’t knocking the lights out, but not doing terribly either,” Bloomberg ETF research analyst James Seyffart told Decrypt. “Flows are actually strong, but underlying price is dragging down asset levels.”

Edited by James Rubin

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This Panasonic Mini-LED TV is usually $1,800 -- today it's $600
Gaming Gear

This Panasonic Mini-LED TV is usually $1,800 — today it’s $600

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A massive discount on a TV we raved about? You can’t ask for much more from Memorial Day TV deals. The TV is the Panasonic W95A, a Mini-LED TV we gave 4 out of 5 stars to in our December 2024 review. Right now, the 65-inch model is available for just $600, a massive $1,200 discount, or 67% off. That’s a noteworthy discount no matter the TV — but the Panasonic W95A isn’t just any TV. Let’s dive into its specs.

Why you should buy the 65-inch Panasonic W95A

Panasonic was out of the TV game for a while, but its return was celebrated by many TV afficionados, and it earned its way back onto our list of the best TV brands. While the W95A isn’t on our list of the best TVs (Panasonic’s only entry is the Z95A), we praised many aspects of it in our review. The main point of praise is the brightness. Thousands of LED backlights help this TV shine, and we got around 1,300 nits of peak brightness in HDR mode during our tests. Colors are also accurate and gorgeous thanks to the QLED panel. All-in-all, our only negative points for the TV were some mediocre anti-glare from certain angles and the fact that it uses Fire TV for its smart features, which isn’t our favorite.

Let’s get into the specs: The Panasonic W95A has a refresh rate of 144Hz, supports HDR10, HDR10+, Dolby Vision, and HLG. The TV even has something most modern TVs have given up on: quality speakers. TVs are so thin these days that it’s practically impossible to cram nice speakers into them. We usually recommend pairing a new TV with soundbar deals. The Panasonic W95A switches this up, with two down-firing speakers and a built-in subwoofer. We called the whole package “a little above average in fidelity.”

The 65-inch Panasonic W95A is worth consideration even at its full price of $1,800. This deal, which cuts the price by 67% to just $600, is frankly unbelievable. Make sure to snap this up ASAP, as the sale is likely tied to Memorial Day weekend.





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Bitcoin
GameFi Guides

Trader’s $1 Billion Wager Says BTC Climbs This Week

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A high-stakes wager has landed a crypto trader in the headlines. He’s known online as James Wynn, and he’s placed almost $1 billion on Bitcoin rising further. He started piling into a bullish position last week and hasn’t said when he plans to exit.

Bitcoin Bets Hit Billion Dollar Mark

According to Wynn’s posts on X, his position reached about $1 billion on May 21. He’s using $20 million of his own funds and borrowed to make the trade roughly 40 times bigger than his stake. The bet sits on Hyperliquid, a decentralized exchange where traders can open perpetual futures positions. Wynn has already closed part of it, trimming the size to just over $800 million as Bitcoin climbed.

Lookonchain data shows he jumped in around a BTC price of $108,084 and set his “kill switch” just below $103,640—so if Bitcoin dips that far, the whole trade goes bye-bye. As of early Thursday, that bet was sitting on a cool $40 million in unrealized gains.

Source: HyperDash

Trader’s Past Success With Memecoin

Wynn didn’t emerge from nowhere. In 2023, he predicted the Pepe memecoin would hit a $4.2 billion market value. That bet paid off in a big way when Pepe peaked at more than $11 billion in December 2024. A wallet tied to “jwynn.eth” even sent $7 million of Pepe tokens to Binance in May 2024. Based on reports, that move helped him pull in eight-figure gains.

Bitcoin just broke through $111,900!

Top trader @JamesWynnReal‘s 40x leveraged long position of 10,200 $BTC($1.14B) is now sitting on an unrealized profit of over $39M!https://t.co/Xy0EC0h5Cw pic.twitter.com/5UlbeiA984

— Lookonchain (@lookonchain) May 22, 2025

Huge Risk Tied To Price Drop

His trade isn’t without danger. If Bitcoin falls below $100,850, the position could be wiped out. Wynn has said he’d add more money rather than face liquidation. In turbulent markets, minor declines can be the trigger for cascade-like forced liquidations. Any substantial amount of money put into the market begs the question: If prices were to shift just a few percent in either direction, would serious losses be incurred?

BTC is currently trading at $110,783. Chart: TradingView

Market Logic Favors This Move

Reportedly, the May chances of Bitcoin hitting $115,000 are pegged at 64% or thereabouts, as per Polymarket. Standard Chartered’s Geoff Kendrick also has a bullish view. He predicts Bitcoin could top $120,000 before the end of July. Those forecasts line up with Wynn’s own target of $115,000–$118,000 by the end of next week, and even $118,000–$122,000 shortly after.

Update on my little $BTC long position.

Reduced position size today, took some profits around $110k -$111k.

Seemed like a nice spot to TP, and seems others are doing the same right now.

In my opinion bitcoin is dying to breakout higher. My target remains the same of… pic.twitter.com/BUfWTuqpoU

— James Wynn 🐳 (@JamesWynnReal) May 22, 2025

Positioning In A Shaky Market

Bitcoin had reached about $111,800 on May 22, 2025, before the slight pullback. Traders pointing at rapid gains also warn of quick drops. On decentralized exchanges, the funding-rate costs might add up. Large orders on Hyperliquid might face slippage, which would move the market against Wynn should he try to unwind too quickly.

People see the trades and think its some high level stupid gambling kinda shit, and yes it is. But it is backed by my own thesis. Which in turn, is a calculated risk.

Since local bottom of 74k bitcoin has remained in this channel. Touching the bottom acting as support just two… pic.twitter.com/wenpkcWKrG

— James Wynn 🐳 (@JamesWynnReal) May 20, 2025

Calm Words From A Risk-Taker

“People see this as high-level gambling, and yes it is,” Wynn said. He added that his bets rest on what he calls a solid thesis. Whether he’s right or wrong remains to be seen. For now, his willingness to risk large sums has drawn both admiration and caution from onlookers.

Featured image from Unsplash, chart from TradingView

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