On May 20th, according to ai_9684xtpa's disclosure, details were revealed about "James Wynn, a well-known trader who opened a BTC 40x long position of $568 million and profited $38.78 million from contracts in the past two months".
James Wynn once earned $25 million with just $7,000 in capital, and is a fan of contract and MEME token trading. He prefers large positions with high leverage and loves shilling, but has been suspected of manipulating followers. James Wynn's X profile reads "World-famous old gambler, I love leverage, love Memes, but what I love most is winning money". After registering his X account in April 2023, his first shilled token was PEPE, ultimately becoming a famous trader due to his "earning $25 million from just $7,000 in capital".
Recently, James Wynn used address 0x507...bedb6 on Hyperliquid to open positions, accumulating $38.78 million in profits over two months from March 21st (of which $26.04 million remains unrealized), with a win rate of 46.88%. The top 3 profitable settled positions were TRUMP, FARTCOIN, and PEPE. James Wynn's contract style is "large positions + high leverage + high frequency", with current unsettled positions including a 40x long BTC position and a 10x long PEPE position, with previous altcoin and meme positions also typically at Hyperliquid's maximum leverage.
James Wynn's position openings are often accompanied by shilling, although his recent BTC long position seems to align with his principles. He has repeatedly stated that "BTC at $100,000 is very cheap". However, in April 2024, James Wynn frequently shilled ELON, attracting numerous KOLs and retail investors to FOMO in, then quietly liquidated his position using a secondary account, causing ELON to crash 70% and leaving followers with significant losses.
