Odaily News Crypto KOL Liang Xi (@liangxihuigui) responded to the giant whale James Wynn on the X platform:
“James Wynn is a fake person created by HYPE. He hedges his positions with multiple accounts, one account is long and the other accounts are short, so that he will not bear any actual losses. His goal is to manipulate the emotions of over-leveraged speculators, lure retail investors into the trap, and increase the popularity of HYPE to induce people to buy. I have shorted HYPE when it reached a high of $39, and I believe the price of HYPE will fall below $20.”