「Bankrupt」 trader James Wynn swiftly liquidated his ETH long position, pivoting to a long position on ZEC.

BlockBeats News, October 14th. According to HyperInsight monitoring, in the past 12 hours, an address identified as James Wynn (0x8da) completed a round of short-term trading during the ETH price fluctuation: previously, he ambushed a short position at $3807 and rolled his position up to around $4120, accurately capturing the price swing. One hour ago, when ETH fell to $4120, he promptly closed his position, locking in profits to avoid further retracement. At the same time, switching gears, he employed a pyramid strategy to build a position in ZEC at $237, continuing to ambush the long side, with the average price now down to $226.6, still holding long positions.

According to monitoring, James Wynn's early gains and losses during the early ETH rally once briefly turned positive, but due to not taking profits in time, he remained in a losing position. He made a name for himself by betting about $7000 early on PEPE and cashing out over $25 million in one move. Later, he was forcibly liquidated for over a hundred million US dollars, causing his account to shrink sharply. He was forced to switch to a small-scale "ant-style position," but his style remained aggressive.

Note: With the recent increased market volatility, the price of gold retraced by $60 in a short period, and the high beta nature of altcoins has become more pronounced (often amplifying price swings in line with Bitcoin). Investors should pay attention to risk control.