TechFlow news, on May 27, according to blockchain analytics platform Lookonchain, a trader with address 0x2258 has profited approximately $5.6 million over the past three days by consistently executing reverse trades against James Wynn's strategy. Specific operations include:
On May 24, when James Wynn went long on BTC, trader 0x2258 began shorting BTC and ETH;
On May 25, when James Wynn closed his BTC long position, trader 0x2258 closed his short positions, realizing a profit of $1.36 million.
On May 25, when James Wynn switched from long to short and opened a BTC short position, trader 0x2258 went long on BTC and ETH;
On May 26, when James Wynn closed his BTC short position, trader 0x2258 closed his long positions, realizing a profit of $2.54 million.
On May 26, when James Wynn went long on BTC again, trader 0x2258 shorted BTC and ETH once more, currently holding a floating profit of $1.7 million.
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