๐จ This trader made a profit of +5 million dollars just because he did the exact opposite of the crypto whale James Wynn! ๐ฎ๐ธ
While Wynn lost 15.8 million and his profit was 40 million, the trader 0x2258 "copied him in reverse" and made a crazy profit ๐๐ฅ
How did it happen? ๐
๐ May 24: Wynn opened a long position on โ#BTC while 0x2258 opened a short position on โ#BTC and โ#ETH
๐ May 25: Wynn closed the trade while 0x2258 exited with a profit of 1.36 million ๐ฐ
๐ May 25: Wynn entered a short position while 0x2258 entered a long position
๐ May 26: Wynn closed the trade while 0x2258 exited with a profit of 2.54 million ๐ฐ
๐ May 26: Wynn entered a long position while 0x2258 entered a short position
Today? Wynn is facing a potential loss, and 0x2258 is sitting on unrealized profits of 1.2 million ๐ฅ
The conclusion?
You don't always have to follow the whalesโฆ
Sometimes betting against them is the real profit ๐ง ๐ฅ
What do you think? ๐