Original | Odaily Planet Daily ( @OdailyChina )

Author: Azuma ( @azuma_eth )

The operations of James Wynn, the son of version, crazy whale, and popular trader, once again dominated the screen today.

Yesterday, we published " Who is James Wynn: A trading genius from a small town, a crazy whale who gambled 1 billion ", which outlined James Wynn's birth environment, growth experience, classic achievements, etc. Before publishing the article, James Wynn even announced on X that he would "retire from the game" and temporarily bid farewell to the contract trading market with a total profit of more than 25 million US dollars.

But no one expected that James Wynn would come back just two hours later - it turns out that the words of cryptocurrency traders cannot be trusted...

Open an order again

Around 11:37 am yesterday, two hours after announcing "taking profit and leaving the market", James Wynn once again established a PEPE long position on Hyperliquid, using 10x leverage, with a position size of approximately US$10.1 million.

Then around 2:20 pm, James Wynn once again opened a "small" 40x BTC long order with an opening price of $109,715. The initial position had a nominal value of approximately $68.05 million. Then around 1 am, James Wynn once again increased his BTC long position, raising the nominal value to $790 million.

The market is going down, emergency stop loss

Although James Wynn's PEPE and BTC longs opened yesterday were briefly profitable, as the market gradually turned downward last night, James Wynn's positions also began to incur floating losses.

This morning, as BTC accelerated its decline, James Wynn first urgently reduced his BTC long positions to 5,782 pieces (about US$624 million), and lowered the liquidation price to US$107,390.

Subsequently, James Wynn closed his PEPE long position at a loss of $858,000.

Profits drastically withdrawn

Odaily Planet Daily monitored that as of 9:33 this morning, 24 hours after James Wynn "retired" yesterday, his position in Hyperliquid had a floating loss of US$14.77 million in 24 hours, giving up more than half of his total profits.

As of 10:15 today, James Wynn's total historical profit on Hyperliquid has retreated to around US$9.12 million, a significant reduction from the US$25 million before his brief exit yesterday, with a retreat of approximately 63.5%.

Yesterday’s legend, today’s gambler?

It's hard not to marvel at how quickly things change in the trading market.

Assuming that James Wynn really "retired" yesterday, he would have become a legend in the history of cryptocurrency by leaving with huge profits at the peak of his fame . However, in just 24 hours, the discussion surrounding James Wynn quickly turned from worship and envy to gossip and ridicule.

As of the time of writing, James Wynn, a trader who is known for being very vocal (and somewhat of a histrionic personality ), has not commented on the latest losses. He simply retweeted another user X, Jeremy, who commented that "some people are targeting James Wynn " - perhaps in James Wynn's eyes, this is not just a simple transaction, but a real battle.

What has happened can never be reversed. Perhaps it is this bold and radical style that has made James Wynn what he is today. This is the way he came, but where this road will eventually lead him, maybe even James Wynn himself does not have the answer.