The latest profitable strategy? Just do the opposite of James Wynn.
James Wynn, a pseudonymous trader on the Hyperliquid exchange, has unexpectedly found himself at the center of a viral trading phenomenon. Dubbed crypto’s own “Inverse Cramer,” Wynn is gaining notoriety not just for his bold moves—but for how wrong they’ve been.
For those unfamiliar, Jim Cramer is the bombastic host of CNBC’s Mad Money and a former hedge fund manager whose stock picks have become a meme in trading circles. Over time, many investors noticed a curious trend: some of Cramer’s calls would tank soon after airing. That inspired the idea of doing the exact opposite of his recommendations—a strategy that became so widespread, an “Inverse Cramer ETF” was created (though later shuttered). The meme, however, lives on.
Now, crypto may have its own version in James Wynn.
Wynn made headlines recently after placing a $1 billion short bet on bitcoin—only to suffer a $100 million loss. But it wasn’t just the staggering numbers that got people talking. Traders began watching Wynn’s wallet closely—and doing the opposite of whatever he did.
Blockchain analytics account Lookonchain highlighted the trend on X (formerly Twitter), pointing to one savvy trader—wallet address 0x2258—who’s been counter-trading Wynn’s positions. “The winning strategy lately? Do the opposite of James Wynn,” Lookonchain wrote, noting that this wallet made around $17 million in one week by taking opposing positions.
According to the data, 0x2258 went long whenever Wynn went short, and short whenever Wynn went long—netting millions, while Wynn reportedly lost around $98 million during the same period.
While inverse-trading Wynn has proven profitable for now, it’s important to remember the crypto market’s volatility. These trades can flip fast, and without proper risk management, gains can quickly turn to devastating losses.
Still, Wynn remains unfazed. Following his liquidation over the weekend—where he lost billions on high-risk positions—he posted: “I’ll run it back, I always do. And I’ll enjoy doing it. I like playing the game.”
So, will this turn into the next viral investing strategy? Reddit users have long joked about tracking “how much money you’d make doing the opposite of Jim Cramer.” Whether James Wynn becomes part of that legacy remains to be seen—but one thing’s clear: in crypto, even your performance report can become a meme.