Bold moves catapulted James Wynn to fame, but his risky tactics raised red flags.
PEPE’s $10M profit boosted his reputation and sparked concerns over his strategy.
With nearly $1B in Bitcoin, Wynn’s high leverage and risky trades could lead to his downfall.
James Wynn is known in the crypto world mostly for his uncommon trading methods and risky approaches. Lucky has now claimed that Wynn’s introduction to cryptocurrency occurred when Alameda funded his wallet in 2022. After that, Wynn gained recognition for his aggressive actions. However, his behaviour has now sparked concerns in the industry.
Wynn’s most significant breakthrough came when he found the PEPE token. At the beginning, the token’s market value was quite small. Yet, the company’s strategy played a key role in raising the market cap to $4.2 million, which resulted in declared earnings of $10 million. Even though his notoriety grew, some people worried about his growing risk when trading.
The mystery of James Wynn so far:
– wallet was funded back in 2022 by Alameda…[?]
– found $PEPE at a couple hundred k MC, wrote a thread on it at $4.2m MC, made about $10m (gg)
– farmed a bunch of co…
The post James Wynn’s Crypto Gamble: Will His Risky Moves Lead to a Massive Downfall? appeared first on Coin Edition.
