This is a classic example of a high-profile crypto whale signaling the market’s next big move:

James Wynn, a well-known whale trader, recently took profits from Bitcoin, having earned around $86 million so far.

He predicts Bitcoin will surge to $115,000–$118,000 soon, potentially hitting $122,000 before entering a consolidation phase.

Wynn believes this consolidation will trigger the next altcoin season, meaning altcoins will outperform Bitcoin in the near term.

Supporting this, Wynn opened a massive 25x leveraged long position on Ethereum, worth about $60.4 million at around $2,666 per ETH.

He also has a $26.77 million long position in memecoin TONCoin with 10x leverage.

Wynn is known for high-risk, high-reward trades, so his moves often draw attention as market sentiment indicators.

In summary: Wynn’s big long positions on TONCoin and memecoins after scaling down BTC suggest he’s betting on altcoins gaining momentum soon—classic “alt season” vibes ahead.

Would you like a deeper analysis of how this might impact the market or specific altcoins?