PANews reported on May 27 that according to Lookonchain, a trader went short when James Wynn was long; he went short and long on James Wynn and made a profit of $5.6 million in just three days.

• On May 24, when James Wynn was long BTC, trader 0x2258 started shorting BTC and ETH;
• On May 25, when James Wynn closed his BTC long position, trader 0x2258 closed his short position and made a profit of $1.36 million.
• On May 25, when James Wynn switched from long to short and opened a BTC short order, trader 0x2258 went long on BTC and ETH;
• On May 26, when James Wynn closed his BTC short position, trader 0x2258 closed his long position and made a profit of $2.54 million.
• On May 26, when James Wynn went long on BTC again, trader 0x2258 went short on BTC and ETH again, with a current floating profit of $1.7 million.