On-chain activity has stirred up again. On January 7th, a trader with the address 0x507...edb6, James Wynn, once again demonstrated what a "heartbeat operation" looks like—by directly opening a 25x leveraged long position on ETH on the smart contract.

This guy's guts are truly impressive. Not long ago, he just closed his BTC long position, earning a solid $87,594. Converted to RMB, that's at least over 500,000 yuan. This profit should be enough for an ordinary person to be satisfied, but he immediately shifted his focus to ETH, opening a high-leverage position.

Even more outrageous, he also held another position—10x leveraged PEPE long. The unrealized profit on this position has already exploded to $172,000, doubling the profit of his BTC trade.

Honestly, high leverage is playing with fire. 25x leverage means that a slight price fluctuation could wipe out your position instantly. The risk and reward are completely disproportionate. But this guy managed to survive two rounds of high leverage without issue, truly pushing his risk appetite to the limit.

Netizens who watched this commented: "The big shot really dares to play with money. Ordinary people can't afford this kind of operation, so let's just watch the excitement." Stories in the crypto world are always so thrilling—some hold steady and wait for the right moment, while others turn their funds into bets.