The main dishes to remember:
- A merchant won $ 5.6 million in three days perfectly countered James Wynn’s public positions.
- Speculation increases that Wynn can go to bed private or manipulate the feeling of the market.
- Wynn also lost $ 36 million after Trump’s pricing threat has shaken the markets, despite the respect of $ 12 million in life.
A merchant has accumulated $ 5.6 million in profits in just three days by systematically betting against transactions of eminent crypto figurines James Wynn, lifting the eyebrows through the commercial community.
According to the blockchain Analytics Lookonchain platform, the merchant, identified by the address of the portfolio 0x2258, has executed an almost perfect sequence of counter-procedures against Wynn’s public positions.
On May 24, 0x2258 began short-circuiting Bitcoin and Ethereum while Wynn opened a long BTC position. When Wynn closed his long the next day, the merchant left his short for a profit of 1.36 million dollars.
Trader bags 2.54 million dollars, turning a long time while Wynn has become a lower
On May 25, while Wynn went to a short position, the 0x2258 went for a long time on BTC and ETH, closing the position on May 26 with another gain of $ 2.54 million.
When Wynn has reintegrated a long exchange of BTC on the same day, the trader was again short, adding an unrealized profit of 1.7 million dollars, according to the latest Lookonchain data.
The striking symmetry between the 0x2258 gains and the Wynn movements fueled speculation.
What an intelligent trader!
When @Jameswynreal Go a long time, it is in short.
When James Wynn is in short, it goes for a long time.
And in just 3 days, he made $ 5.6 million!How did he do it?
On May 24, Trader 0x2258 began to short-circuit $ BTC And $ EThWhen James Wynn was long $ BTC.
May 25, when … pic.twitter.com/dj8gourfww
– Lookonchain (@lookonchain) May 27, 2025
Some X users wondered if the wallet could be linked to Wynn itself, suggesting the possibility of hidden coverage or coordinated manipulation.
“If it smells of fish, the taste of fish and swimming like fish, it is probably a fish,” wrote a user, pointing towards the strange alignment of the trades.
Others have launched the theory that Wynn could use public losses to generate a commitment, while quietly managing risks through private wallets.
Wynn quickly pushed back. Responding directly to the Lookonchain position, he denied any link with 0x2258. “I only exchange on one HL account and it’s public. Do not start to broadcast false news without proof,” he wrote.
Not at all satisfied with this post. Whoever trader 0x2258 is, it is not me and has no idea who is. I only exchange on one HL account and it’s public. Do not start to broadcast false news with zero evidence.
– James Wynn
(@Jameswynreal) May 27, 2025
(@Jameswynreal) Although the identity of 0x2258 remains unknown, the portfolio race has become one of the most discussed sequences on Crypto Trading X this week.
Wynn lost $ 36 million after Trump’s pricing shocks shake the markets
Wynn suffered a major success on May 23 after former President Donald Trump offered a 50% rate on all EU imports.
The announcement triggered net sales on traditional and cryptographic markets, sending Bitcoin below $ 107,000 and dragging the ether to $ 2,504.
The same has been particularly hard hit, aggravating the losses through very volatile tokens.
Wynn has lost more than $ 36 million during last week. Despite the setback, there are $ 12 million in profits on its trading record for all time.
Wynn, known for its aggressive use of the lever effect and affinity for the same, began to negotiate on the hyperliquid two months ago after depositing $ 4.65 million in USDC.
The decentralized exchange (DEX) is built on the chain of layer 1 hyperliquid and supports leverages, cash markets and loan services.
The Net trader position of $ 5.6 million in 3 days counterattacking James Wynn’s positions appeared first on Cryptonews.
