The Smart Investor Completely Reversed the Legendary Whale James Wynn's Bitcoin and Ethereum Transactions, Earning 5.6 Million Dollar in Just Three Days!
With the recent rise in Bitcoin, James Wynn, one of the well-known whales of the crypto market, is being talked about for his high-leverage trades in Bitcoin (BTC), Ethereum (ETH), and altcoins.
In a recent post, James Wynn, who stated that he started taking profits in the range of $110,000-111,000 for Bitcoin and that the altcoin season has arrived, is being closely followed by investors.
At this point, an investor made the exact opposite trades of James Wynn's Bitcoin and Ethereum transactions, earning 5.6 million dollars in just 3 days.
According to the post of Looknchain, this smart whale James Wynn opens a short position when entering a long position, and opens a long position when taking a short position.
Lookonchain, which shares the strategic transactions of smart whales, stated that the whale earned 5.6 million dollars in just three days in this way.
"On May 24th, whale James Wynn with address 0x2258 started opening short positions in BTC and ETH while holding a long position in Bitcoin."
When James Wynn closed his long position in BTC on May 25, the whale also closed its short position, making a profit of 1.36 million dollars.
On May 25, when James Wynn switched from a long position to a short position in Bitcoin and opened a BTC short position, this smart investor also opened long positions in BTC and ETH.
On May 26, when James Wynn closed his BTC short position, this investor also closed his long positions, realizing a profit of 2.54 million dollars.
Finally, when James Wynn took a long position in BTC again on May 26, this investor also opened a short position in BTC and ETH and realized an unrealized profit of 1.7 million dollars.
What a smart trader!
When @JamesWynnReal goes long, he goes short.
When James Wynn goes short, he goes long.
And in just 3 days, he's made $5.6M!
How did he do it?👇
On May 24, trader 0x2258 started shorting $BTC and $ETH, when James Wynn was long $BTC.
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The Smart Investor Completely Reversed the Legendary Whale James Wynn's Bitcoin and Ethereum Transactions, Earning 5.6 Million Dollar in Just Three Days!
With the recent rise in Bitcoin, James Wynn, one of the well-known whales of the crypto market, is being talked about for his high-leverage trades in Bitcoin (BTC), Ethereum (ETH), and altcoins.
In a recent post, James Wynn, who stated that he started taking profits in the range of $110,000-111,000 for Bitcoin and that the altcoin season has arrived, is being closely followed by investors.
At this point, an investor made the exact opposite trades of James Wynn's Bitcoin and Ethereum transactions, earning 5.6 million dollars in just 3 days.
According to the post of Looknchain, this smart whale James Wynn opens a short position when entering a long position, and opens a long position when taking a short position.
Lookonchain, which shares the strategic transactions of smart whales, stated that the whale earned 5.6 million dollars in just three days in this way.
"On May 24th, whale James Wynn with address 0x2258 started opening short positions in BTC and ETH while holding a long position in Bitcoin."
When James Wynn closed his long position in BTC on May 25, the whale also closed its short position, making a profit of 1.36 million dollars.
On May 25, when James Wynn switched from a long position to a short position in Bitcoin and opened a BTC short position, this smart investor also opened long positions in BTC and ETH.
On May 26, when James Wynn closed his BTC short position, this investor also closed his long positions, realizing a profit of 2.54 million dollars.
Finally, when James Wynn took a long position in BTC again on May 26, this investor also opened a short position in BTC and ETH and realized an unrealized profit of 1.7 million dollars.