Key Points:
- James Wynn, a crypto trader known for his bold $1Billion trade, opened another long position on BTC.
- Trader 0x2258 mirrored Wynn’s trades in reverse, turning $5.6illion in profits over three days.
Who is James Wynn
James Wynn is a high-profile cryptocurrency trader best known for his high-leveraged trades. He became the first trader to execute a $1 billion trade on the decentralized exchange (DEX) Hyperliquid, utilizing 40x leverage. Wynn’s fame initially grew from turning a $7,000 investment into $25 million in PEPE token trades. Wynn exited this long position between May 24 and May 25, 2025, averaging $107,746 per BTC, and realized a loss of approximately $17.5 million.
Learn About the Execution
On-chain analytics platform, Lookonchain, reported that a trader with the wallet address 0x2258 strategically executed positions opposite to those of James Wynn. While James Wynn opened long positions, 0x2258 went short and vice versa. Over just three days, this approach helped 0x2258 an impressive $5.6 million profit.
Here’s the timeline:
- May 24: While Wynn went long on Bitcoin, 0x2258 started shorting BTC and Ethereum (ETH).
- May 25: When Wynn closed his long positions, 0x2258 closed his shorts for a $1.36 million gain.
- May 25: As Wynn flipped to shorting Bitcoin, 0x2258 went long BTC and ETH.
- May 26: When Wynn exited his shorts, 0x2258 closed his longs for another $2.54 million gain.
As Wynn went long again, his long position shown below –
Trader 0x2258 strategically entered into short positions that were directly opposite to those taken by James Wynn.
While pseudonymous trader James Wynn’s wallet is one of the most tracked, it was trader 0x2258 who stole the spotlight by flipping Wynn’s strategies and making some impressive gains. This story just goes to show how unpredictable and exciting the crypto world can be sometimes, it’s the one swimming against the current who ends up winning big. Only time will reveal whether this reverse strategy will deliver another successful outcome, with their positions still open at the time of reporting.
