Trader Earns Millions by Mirroring James Wynn’s Moves
A trader has made $5.6 million in three days by doing the opposite of James Wynn’s trades. This trader, known by the wallet address 0x2258, profited by betting against Wynn’s moves. The strategy worked perfectly.
On May 24, 0x2258 shorted Bitcoin (BTC) and ethereum (ETH) as Wynn went long on BTC. The next day, Wynn closed his BTC long. 0x2258 then closed his short, earning $1.36 million.