Using high-leverage contracts, James Wynn, a whale who rapidly increased from $4 million to over $100 million in just one month, has seen his trading performance sharply decline since late May due to the "Trump market", repeatedly stopping losses or being forcibly liquidated. Not only did he lose his entire profit within a week, but he also went into deficit. Today (2), James Wynn announced he will stop all recent perpetual contract activities.
X Statement
According to whale James Wynn's statement, he mentioned that Hyperliquid's service is excellent, but he has become a fallen person, a joke, and it's time to return to his own place:
I've decided to pause perpetual trading, thank @HyperliquidX for their hospitality, the service is impeccable, and the platform is great.
It was an interesting journey, I turned about $4 million into $100 million, then lost to a total account loss of $17,500,000, now I should return to where I came from, the place that made me this fallen person, damn trenches.
Emphasizing Still Wealthy, Unlike Cynics
In the past, James Wynn has been subject to much online mockery for his high-profile trades, but he remains unafraid after his losses, constantly emphasizing that he will "never give up, will make a comeback", and believes he is wealthier than most people:
I will make a comeback, just as I always have, and enjoy it. I love this game, I enjoy the fluctuations. Making money is all about mindset, at the end of the day, I'm still richer than 99.9% of CT (Crypto Twitter) poor people...
What truly makes one wealthy is not money, but inner peace, happiness, family, love, loyalty, health, nature, sunshine, and dogs. And I lack nothing.
My passive income each month is more than what you earn in an entire year, and I'm now freer than ever before.
Many people have never even seen or heard of such an amount, it's crazy.
A free mind is far superior to a broke mindset.
Now announcing his exit from perpetual contracts, James Wynn has once again become a topic of conversation, with many comments betting "he might be back trading within 10 hours".
However, James Wynn emphasizes that he is still richer than 99.9% of the world, so these losses are merely pocket change. Perhaps one day he might burn through his capital or casually say it was "just a game, just a dream", and only broke spectators care about such trivial matters.
