Meet James Wynn, the pseudonymous trader of Hyperliquid, who became famous for his $ 1 billion Bitcoin short effort, could now get a new kind of fame: as Crypto’s own “Inverse Cramer.”
For those who are not familiar with Cramer Lore: He is the tall octane mascot with high-money Food moneyA former Hedge Fund Manager turned stock picker with a hit-or-miss track record that turned into a meme. Many retailers began to do the opposite of his recommendations, and the idea became so famous that an “inverse Cramer Etf” was launched (it was later shut down but meme lives on).
Now, crypto traders may have found their new “Inverse Jim Cramer” in James Wynn’s trade desk.
“The winning strategy recently? Does the opposite of James Wynn,” Blockchain Sleuth Lookonchain said in an X post, pointing to a trader who has earned millions by doing exactly the opposite of James Wynn’s trades.
“0x2258 has been counteracting James Wynn Card when James Wynn goes long and goes long when James Wynn Shorts. In the last week 0x258 has done ~ $ 17M while James Wynn has lost ~ $ 98m,” Lookonchain said in the post.
Seventeen millions dollars in a week just by reverse betting on a trader is not a bad payday. However, this can be a short -term trade and one has to be very careful as things can change lightning quickly in the trading world, leaving players millions in losses unless uncovered properly.
Even James Wynn said, “I run it back, I always do. And I like to do it. I like to play the game,” after the trader was fully liquidated this weekend.
So maybe this Reddit Pearl: “How much money would you have earned if you did the opposite of Jim Cramer?” Would never translate to include James Wynn. However, the emotions are high and clear: In a market where the perception is half the trade, even your PNL can be memed!
A bonus read: Jim Cramer doesn’t know Bitcoin “
