Smart Investor Did the Complete Reverse of Legendary Whale James Wynn's Bitcoin and Ethereum Trades, Earned $5.6 Million in Just Three Days!

James Wynn, one of the well-known whales of the crypto market, who has become active again with the recent rise in Bitcoin, is talked about with his high leverage transactions in Bitcoin ($BTC), Ethereum ($ETH) and altcoins.

James Wynn, who stated in a recent post that he started making profits in the $110,000-$111,000 range in Bitcoin and that the altcoin season has arrived, is also being followed with curiosity by investors.

At this point, an investor made the exact opposite of what James Wynn did for Bitcoin and Ethereum, earning $5.6 million in just 3 days.

According to Looknchain's post, this smart whale opens a short position when James Wynn enters a long position, and opens a long position when Wynn takes a short position.

Sharing the strategic transactions of the smart whale, Lookonchain said that the whale earned $5.6 million in just three days.

“On May 24, whale James Wynn with the address 0x2258 started opening short positions in $BTC and $ETH while he was long in Bitcoin.

On May 25, when James Wynn closed his long position in $BTC, the whale also closed his short position, making a profit of $1.36 million.

On May 25, when James Wynn switched from long to short Bitcoin and opened a $BTC short position, this smart investor also opened a long position in $BTC and $ETH.

When James Wynn closed his $BTC short position on May 26, this investor also closed his long positions, making a profit of $2.54 million.

Finally, on May 26, when James Wynn went long on $BTC again, this investor also went short on $BTC and $ETH, making $1.7 million in unrealized profits.

*This is not investment advice.