Trader James Wynn swims against the tide, earning 474,000 USD in just 24 hours.

robot
Abstract generation in progress

Trader James Wynn – who was once considered to have "burnt his account" with only 10,000 USD left on July 14 – has surprisingly earned back 473,900 USD by switching from a long order that was liquidated to shorts on $BTC and HYPE in less than 24 hours.

The reversal occurred just as $HYPE reached a new peak at 45.92 USD amid the Bitcoin trading frenzy, with OI hitting 1.85 billion USD and the futures contract volume reaching 61 billion USD.

Some analyses suggest that this turnaround may stem from insider knowledge or market manipulation, contrary to the previous image of the "broke" trader.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)