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