James Wynn Says “Go All Out,” Then Quietly Cashes Out
Just hours after publicly urging traders to “go all out to increase long positions,” James Wynn—one of the most watched $BTC whales on Hyperliquid—dramatically scaled down his exposure.
Initially holding a 40x long position worth $560 million in #BTC , Wynn reduced his position by 1,614.79 BTC, taking profits close to $160 million. At that point, he still held 3,716.82 BTC, with a floating profit of $6.31 million, and his 10x long kPEPE position was sitting on $10.88 million in profit.
But the story didn’t end there.
In the next 90 minutes, Wynn continued trimming, slashing his BTC position by another 1,142.48 BTC. He now holds 1,812.03 BTC, worth $190 million, still 40x long, and showing a floating profit of $3.64 million.
All in, Wynn’s realized profits on this BTC long total $6.57 million so far. Two minutes before this update, he moved $5 million USDC across-chain to his wallet:
0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6
While everyone else was gearing up for a potential push to $118,000 BTC—as Wynn himself boldly predicted—he was already offloading. A bold move, or a classic werewolf play? Time will tell.