Legendary trader and co-founder of BitMEX Arthur Hayes, who sold cryptocurrencies worth $13.35 million at the beginning of this month and claimed that Bitcoin might further drop to $100,000 and Ethereum to $3,000, posted on X platform yesterday, shouting that he wants to buy Ethereum back and made a vow to Tom Lee:
"I have to buy back everything. Tom Lee, will you forgive me? I swear I won't profit again."
James Wynn mocks Arthur Hayes
In response, high-leverage trader James Wynn posted last night, ridiculing Arthur Hayes as having "paper hands" and suggesting that Arthur Hayes always sells low and buys high, and his repurchase of ETH undoubtedly represents a signal of a temporary market top:
Arthur sells at the bottom, buys at the top. No matter who you are. You need to learn to think for yourself.
Nobody knows. But I made the most money by trading opposite to the masses.
When he rushes back in, that's an instant short signal. No disrespect, but that's FOMO.
My trading operations will be disclosed soon.
Who is James Wynn?
James Wynn is known for high-risk, high-leverage perpetual contract trading and meme coin investments. Starting from a small amount of funds, he turned $210 into over $80 million in assets within just 2.5 to 3 years, creating amazing wealth. For example, he once opened a 40x leveraged Bitcoin long position worth over $1.14 billion on the Hyperliquid platform, and made massive bets on meme coins like PEPE, including turning a $100,000 PEPE investment into $25 million.
However, Wynn's trading career is full of drama. He has been liquidated multiple times, losing hundreds of millions of dollars, such as being liquidated 9 times in July 2025, losing over $50 million. In mid-July 2025, after experiencing major losses, he announced a pause in trading and stopping his X account. But he has since returned, and whether he can bounce back again remains to be seen.
