Original Title: "James Wynn's Follow-up: Yesterday's Legend, Today's Gambler?"

Original Author: Azuma, Odaily Star Daily

The son of a version, the crazy whale, and the hot trader James Wynn has once again made headlines today. Yesterday, we published "From '10u' Warrior to 1.2 Billion Contract Whale: James Wynn's Crazy Gambling Journey", which outlined James Wynn's birth environment, growth experience, and classic achievements. Just before publishing, James Wynn had even announced on X that he would "retire", temporarily leaving the contract trading market with over $25 million in total profits. But no one could have expected that just two hours later, James Wynn came back again — indeed, nothing can be trusted from crypto traders...

Opening New Positions Again

Around 11:37 AM yesterday, just two hours after announcing "taking profits and leaving", James Wynn opened a PEPE long position on Hyperliquid with 10x leverage, with a position size of approximately $10.1 million. Later around 2:20 PM, James Wynn opened a "small" BTC long position with 40x leverage, with an entry price of $109,715, and a nominal value of the initial position of approximately $68.05 million; then around 1:00 AM, James Wynn added to his BTC long position, increasing the nominal value to $7.9 billion.

Market Downtrend, Emergency Stop Loss

Although James Wynn's PEPE and BTC long positions had briefly made profits yesterday, as the market gradually turned downward last night, James Wynn's positions began to show unrealized losses. This morning, as BTC accelerated its decline, James Wynn first reduced his BTC long positions to 5,782 BTC (approximately $6.24 billion) and adjusted the liquidation price down to $107,390. Subsequently, James Wynn closed his PEPE long position with a loss of $858,000.

Significant Profit Drawdown

Odaily Star Daily monitoring found that by this morning at 9:33, i.e., 24 hours after James Wynn's "retirement" yesterday, his position on Hyperliquid had suffered a $14.77 million unrealized loss within 24 hours, eroding more than half of his total profits.

As of this morning at 10:15, James Wynn's historical total profit on Hyperliquid had drawn back to about $9.12 million, significantly shrinking from the $25 million before his brief departure yesterday, with a drawdown of approximately 63.5%.

Yesterday's Legend, Today's Gambler?

You can't help but marvel at the rapid changes in the trading market. If James Wynn had truly "retired" yesterday, he would have inevitably become a legend in the history of cryptocurrency, leaving at the peak of his fame with substantial profits. However, within just 24 hours, the public discussion surrounding James Wynn quickly shifted from admiration and envy to watching and mocking.

As of the time of writing, this trader, who is usually very vocal (with a bit of a performative personality), has not commented on the latest losses. He only shared a comment from another X user named Jeremy about "some people are targeting James Wynn" — perhaps in James Wynn's eyes, this is not just a simple trade, but a real battle.

What has already happened cannot be reversed. Perhaps it is precisely this bold and aggressive style that has made James Wynn what he is today. This is his journey, but where this path will ultimately lead him, even James Wynn himself may not have the answer.

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