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James Wynn has closed a Bitcoin 40x long order "with a loss of 70 dollars," fuming: every time he goes long he gets targeted.
Trader James Wynn, who closed a long Bitcoin position this afternoon and lost about $70, shouted that he was always sniped by the market while backhanding short Bitcoin... It feels like an insignificant clown. (Synopsis: James Wynn is not acting?) Self-proclaimed foolish idiot gambler, after losing $100 million, posted a Hyperliquid rebate link) (Background supplement: A loss of more than $60 million a week" James Wynn: I'm still richer than you, and my monthly passive income exceeds yours for a year) James Wynn, a trader known for his high-leverage operation of contracts, lost $100 million in profits in nearly a month, and posted on X at three o'clock earlier that he opened a 40-fold Bitcoin long order, but the value of this position is only At $18,737.66, it can be described as an "ant warehouse", he wrote: "There is one chip left and a chair." I went all in bet As a result, just two hours later, the on-chain data found out that he had closed the position, losing about $70... Then he posted at 5:30 p.m.: "Every time I go long, they come to snipe me"... Deciding to go short backhand is really like a gambler with no investment experience. But as a player who has made huge profits on PEPE, plus the $34,000 commission he received from HyperLiquid, it is difficult to say whether he really gambled on his net worth, and may just be attracting user attention. F it. Decided to go short. Whenever I go long they come and hunt me. pic.twitter.com/DZGKpQgL9k — James Wynn (@JamesWynnReal) June 8, 2025 said he didn't get Hyperliquid advertising fees In response to community questioning that his recent actions are simply advertising for Hyperliquid, James Wynn Posted earlier today: I didn't get a dime from HyperLiquid. I reached out to them twice, hoping to talk about a collaboration, after all, I helped them get a lot of attention. Although they expressed their gratitude, they said they never signed up with anyone. This is also reasonable to some extent, after all, they are decentralized platforms that do not operate like traditional exchanges. I made $34,000 through their referral system. Judging by the number of registrations and transactions I bring, this is simply low to exaggerated. Their referral system is really bad and other platforms are much better. On the other hand, perhaps because he feels that HyperLiquid gives too little feedback, he also said that in his opinion, if Binance founder CZ can launch his own dark pool perpetual contract DEX, it will end HyperLiquid. CZ has the money, the connections, the team, and the ability to build something at a completely different level. Just look at how he got Binance up. I hope this stimulates HyperLiquid to upgrade itself as they will soon be overtaken by stronger rivals I was not paid a single cent by HyperLiquid. I reached out on two occasions hoping to get some kind of partnership deal for all of the attention I was bringing them, and although they seemed thankful they don’t offer such deals to anyone. Which kinda makes sense considering... — James Wynn (@JamesWynnReal) June 8, 2025 CZ calls for dark pool DEX CZ said earlier this month that while the existing DEX's open order book model improves transparency, it also makes orders of large traders easy to expose. It may lead to increased slippage, preemptive trading (Front-running) and even malicious liquidation. In a fully transparent market, even huge sums of money can be targeted by joint attacks, he said: "Even if you have a billion dollars, others may band against you." For example, the MEV attack "borrows from the "dark pool" model of traditional finance to reduce market shocks for large transactions, and CZ's core recommendation is to build a similar style of DEX on the chain, especially for perpetual contracts. He proposed that such DEXs should not display the order book, or even hide the deposit information of the smart contract through zero-knowledge proof (Zero-Knowledge Proofs, ZKPs) or similar cryptography, until some time after the transaction is completed. CZ said: "Now might be a good time for someone to launch an on-chain dark pool-style decentralized exchange (DEX) + perpetual contract platform. This can be done by not displaying the order book, or even further, by hiding the deposit record in the smart contract, or at least delaying the display. This design should be possible with zero-knowledge proofs (ZK) or similar cryptography." Given recent events, I think now might be a good time for someone to launch a dark pool perp DEX. I have always been puzzled with the fact that everyone can see your orders in real-time on a DEX. The problem is worse on a perp DEX where there are liquidations. Even with a CEX... — CZ BNB (@cz_binance) June 1, 2025 Related Stories James Wynn performed "Crypto Gambler" to put on a show for Hyperliquid? Giant whale James Wynn "loses and admits defeat": Give up the contract, I want to leave this fallen place Giant whale James Wynn opened a short order and shouted "Bitcoin rushed $120,000": should invest 99% BTC, 1% meme coin (James Wynn has closed more than 40x bitcoin "loss of $70", explosive: every time I go long, I am sniped" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Blockchain News Media".