In a plot twist that could only be rivaled by a daytime soap opera, a trader has managed to rake in a staggering $5.6 million in just three days by playing the ultimate game of “opposite day” against James Wynn. Is this a masterstroke of financial genius or just Wynn quietly hedging his bets through a secret wallet? 🤔
According to the ever-watchful Lookonchain, our mysterious trader, known only by the wallet address 0x2258, has been making a killing by doing the exact opposite of whatever Wynn does. It’s like watching a game of chess where one player is always three moves ahead—except in this case, it’s more like a game of checkers played by a toddler. 🍼
On May 24, as Wynn was busy opening a long position on Bitcoin (BTC), 0x2258 decided to short both Bitcoin and Ethereum (ETH). The very next day, when Wynn closed his BTC long, 0x2258 cashed in his short for a cool $1.36 million. Talk about a plot twist! 🎉
Then, on May 25, as Wynn flipped from long to short, 0x2258 did a little pirouette of his own, opening long positions in BTC and ETH. It’s like watching a dance-off where one contestant is clearly winning. 💃
By May 26, when Wynn exited his short position, our counter-trader closed his long, pocketing an additional $2.54 million. That same day, as Wynn re-entered a long position on BTC, 0x2258 decided to short BTC and ETH again, racking up an unrealized profit of $1.7 million. If this were a movie, it would definitely be a blockbuster! 🎬
Naturally, this trading behavior has sparked rampant speculation on X, with some users suggesting that 0x2258 might actually be a secret alter ego of Wynn himself. One user quipped, “If it smells like fish, tastes like fish, and swims like fish, it’s probably a fish,” while sharing a screenshot of 0x2258’s account performance that eerily mirrors Wynn’s public trades. 🐟
Others chimed in, suggesting that Wynn might be hedging through a second wallet. One user mused, “Hedging his own trades? Or is Johnny using him as a countertrade signal—which he was, by the way.” Another user chimed in:
“… No sane person keeps losing millions every day. He likely kept his positions hedged there or elsewhere. What he was really after was attention and engagement—and big money draws attention.”
It seems Wynn may have been playing a high-stakes game of market manipulation, using deep pockets to trigger liquidations in others while keeping everyone else guessing. It’s like a magician pulling rabbits out of hats, except the rabbits are made of money. 🐰💸
In a dramatic twist, Wynn has denied any association with the 0x2258 wallet, responding to the Lookonchain post before the thread could even gain traction. He stated:
“Not happy with this post at all. Whoever trader 0x2258 is, it is not me and I have no clue who it is. I only trade on one HL account and that’s public. Don’t start spreading fake news with zero proof.”
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2025-05-27 12:09