Meet James Wynn, the pseudonymous dealer on Hyperliquid who turned well-known for his $1 billion bitcoin brief guess, might now be gaining a brand new form 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 observe document that become 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 winning strategy lately? Do the opposite of James Wynn,” mentioned blockchain sleuth Lookonchain in an X publish, pointing to a dealer who has been making tens of millions by doing precisely the other of James Wynn’s trades.
“0x2258 has been counter-trading James Wynn—shorting when James Wynn goes long, and going long when James Wynn shorts. In the past week, 0x2258 has made ~$17M, while James Wynn has lost ~$98M,” Lookonchain mentioned within the publish.
Seventeen million {dollars} in per week simply by inverse-betting on one dealer just isn’t a foul payday. Nevertheless, this may be a short-term commerce, and one needs to 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 back, I always do. And I’ll enjoy doing it. I like playing the game,” after the trader got fully liquidated over the weekend.
So, maybe this Reddit gem: “How a lot cash would you’ve got made in the event you did the precise reverse of Jim Cramer?” would never translate to include James Wynn. But the sentiments, though, are loud and clear: in a market where perception is half the trade, even your PnL can get memed!
A bonus read: Jim Cramer Doesn’t Know Bitcoin”
