Meet James Wynn, the pseudonymous dealer on Hyperliquid who turned well-known for his $1 billion bitcoin quick guess, may now be gaining a brand new type of fame: as crypto’s personal “Inverse Cramer.”
For these unfamiliar with the Cramer lore: he’s the high-octane, loud-money mascot of CNBC’s Mad Cash, a former hedge fund supervisor turned inventory picker with a hit-or-miss monitor document that changed into a meme. Many retail merchants began doing the precise reverse of his suggestions, and the concept turned so well-known that an “Inverse Cramer ETF” was launched (it was later shut down, however the meme lives on).
Now, crypto merchants might need discovered their new “Inverse Jim Cramer” in James Wynn’s buying and selling pockets.
“The successful technique recently? Do the alternative of James Wynn,” sassist blockchain sleuth Lookonchain in an X put up, pointing to a dealer who has been making tens of millions by doing precisely the alternative of James Wynn’s trades.
“0x2258 has been counter-trading James Wynn—shorting when James Wynn goes lengthy, and going lengthy when James Wynn shorts. Previously week, 0x2258 has made ~$17M, whereas James Wynn has misplaced ~$98M,” Lookonchain mentioned within the put up.
Seventeen million {dollars} in every week simply by inverse-betting on one dealer just isn’t a nasty payday. Nevertheless, this may be a short-term commerce, and one must be very cautious as issues can change lightning quick within the buying and selling world, leaving punters tens of millions in losses if not hedged correctly.
Even James Wynn mentioned, “I’ll run it again, I at all times do. And I’ll take pleasure in doing it. I like enjoying the sport,” after the dealer acquired absolutely liquidated over the weekend.
So, perhaps this Reddit gem: “How a lot cash would you’ve made in the event you did the precise reverse of Jim Cramer?” would by no means translate to incorporate James Wynn. However the sentiments, although, are loud and clear: in a market the place notion is half the commerce, even your PnL can get memed!
A bonus learn: Jim Cramer Would not Know Bitcoin“
