James Wynn "goes into the sea" again: If he wins, he is a legend, but if he loses, he is a gambler?

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The version's child, a crazy whale, and the hot trader James Wynn once again dominated the headlines today. Yesterday, we published 《From "10u" God of War to 12 Billion Contract Whale: James Wynn's Crazy Gambling Path》, outlining James Wynn's birth environment, growth experience, and classic achievements. Before publishing the article, James Wynn had announced his "retirement" on X, temporarily bidding farewell to the contract trading market with over $25 million in total profits. But unexpectedly, just 2 hours later, James Wynn made a comeback - indeed, you can't trust a crypto trader's words...

Opening Positions Again

Around 11:37 AM yesterday, just 2 hours after announcing "taking profits and leaving", James Wynn again established a PEPE long position on Hyperliquid, using 10x leverage, with a position size of about $10.1 million. Subsequently, around 2:20 PM, James Wynn opened a "small" BTC long with 40x leverage, at an entry price of $109,715, with an initial position nominal value of about $68.05 million; later around 1 AM, James Wynn added to his BTC long position, raising the nominal value to $790 million.

Market Downturn, Emergency Stop Loss

Although James Wynn's PEPE and BTC long positions briefly made profits, as the market gradually turned downward last night, James Wynn's positions began to show floating losses. Early this morning, as BTC accelerated its decline, James Wynn first urgently reduced his BTC long position to 5,782 coins (about $624 million) and lowered the liquidation price to $107,390. Subsequently, James Wynn closed his PEPE long position with a loss of $858,000.

Significant Profit Pullback

Odaily detected that as of 9:33 AM today, 24 hours after James Wynn's "retirement", his positions on Hyperliquid have floating losses of $14.77 million, giving back more than half of his total profits.

As of 10:15 AM today, James Wynn's total historical profits on Hyperliquid have been reduced to around $9.12 million, significantly down from the $25 million before his brief departure, with a pullback of about 63.5%.

Yesterday's Legend, Today's Gambler?

It's hard not to marvel at the rapid changes in the trading market. If James Wynn had truly "retired" yesterday, he would have become a legend in crypto history by leaving at his peak with massive profits. However, within just 24 hours, the discussion around James Wynn quickly shifted from admiration to gossip and mockery.

As of publication, James Wynn, a trader who has always been highly vocal (with somewhat of a performative personality), has not commented on his latest losses, only reposting a comment from another X user Jeremy about "some people targeting James Wynn" - perhaps in James Wynn's eyes, this is not just a simple trade, but a real battle.

What has happened cannot be undone. Perhaps it is precisely this bold and aggressive style that has made James Wynn who he is today. This is his path, but where this path will ultimately lead, perhaps even James Wynn himself doesn't know.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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