PANews reported on June 1 that crypto KOL AB Kuai.Dong (@_FORAB) published an analysis on the X platform, saying that the legendary trader James Wynn took the initiative to admit today that he was using multiple exchanges at the same time. Previously, there were rumors in the market that he opened a position on Hyperliquid and opened a reverse position on multiple exchanges to hedge, and then attracted the attention of the entire network to the Hype platform and caused fluctuations in the price of Meme coins. With James Wynn admitting that he was using multiple exchanges at the same time, the authenticity of this rumor seems to be getting higher and higher. As of now, James Wynn has no open position on Hype and has not traded in 24 hours.