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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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Liangxi: James Wynn has multiple hedging positions aimed at manipulating the emotions of speculators, and has shorted HYPE at $39.
Odaily News encryption KOL Liangxi (@liangxihuigui) replied to Whale James Wynn on the X platform: "James Wynn is a fake created by HYPE. He hedges positions using multiple accounts, going long with one account while shorting with several others, so he does not bear any actual losses. His goal is to manipulate the emotions of over-leveraged speculators, lure retail investors into traps, and increase the visibility of HYPE, thereby enticing people to buy. I shorted HYPE when it reached a high of $39, and I believe the price of HYPE will drop below $20."