James Wynn's Strategic Moves Amid ETH and ZEC Price Fluctuations

According to BlockBeats, recent monitoring by HyperInsight reveals that over the past 12 hours, an address identified as James Wynn (0x8da) executed a series of short-term trades amid ETH price fluctuations. Initially, Wynn positioned himself with a short-long strategy at $3,807, subsequently rolling over to elevate the average price to approximately $4,120, effectively capturing the price wave. An hour ago, as ETH fell to $4,120, Wynn decisively closed his position to secure his holdings and prevent further losses. Concurrently, he shifted his strategy to a pyramid mode at $237 for ZEC, maintaining a bullish stance with the average price now reduced to $226.6, while continuing to hold long positions. Further monitoring indicates that Wynn had previously returned to a positive profit zone during an early ETH rally but remained in a negative yield area due to not taking timely profits. Wynn gained notoriety for his early $7,000 bet on PEPE, which he cashed out for over $25 million. However, he later faced forced liquidation exceeding $100 million, leading to a significant reduction in his account size, compelling him to adopt a smaller 'ant warehouse' strategy, though his approach remains aggressive. Note: Recent market volatility has intensified, with gold prices retracting $60 in a short period. The high beta characteristic of altcoins is becoming more pronounced, often amplifying Bitcoin's price movements. Investors are advised to exercise caution and implement risk control measures.