Tuesday, June 3, 2025

Crypto’s “Inverse Cramer”: How Smart Traders Made $17 Million Shorting James Wynn’s Trades

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Meet James Wynn, the pseudonymous trader on Hyperliquid who shot to fame with his jaw-dropping $1 billion Bitcoin short bet. But now, he might be earning a different kind of reputation—crypto’s very own “Inverse Cramer.” If you’re familiar with Jim Cramer, the high-energy CNBC Mad Money personality known for his bold stock picks and unpredictable track record, you’ll understand the comparison. Cramer’s advice has often been meme-worthy, leading retail traders to do the opposite, even launching an “Inverse Cramer ETF” (which eventually shut down, but the meme persists).

In the crypto world, James Wynn has become the new “Inverse Jim Cramer,” especially among savvy traders who’ve discovered an intriguing strategy: betting against Wynn’s trades. According to blockchain sleuth Lookonchain, a trader identified as 0x2258 has been making millions by doing just that—shorting when Wynn goes long, and going long when Wynn shorts. Over the past week alone, this trader has pocketed roughly $17 million by inversely trading Wynn’s moves, while Wynn himself faced a massive loss of about $98 million.

That’s a huge payday in just seven days—simply by betting against a single trader’s positions. But caution is key. These quick gains can be fleeting, and markets can turn lightning-fast. Wynn himself acknowledged the volatility, saying, “I’ll run it back, I always do. And I’ll enjoy doing it. I like playing the game,” after experiencing a full liquidation over the weekend.

This story echoes the popular Reddit question: “How much money would you have made if you did the exact opposite of Jim Cramer?” Now, in crypto, the sentiment is loud and clear—perception is everything, and even your profits can become viral memes. If markets are a game of psychology and reputation, then betting against Wynn’s trades might just be the new meme-worthy strategy for savvy traders seeking quick wins.

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