Arthur Hayes has ignited fresh buzz in crypto circles with a cryptic take on trader James Wynn’s recent activity.
Without naming names directly, the BitMEX co-founder hinted that someone—widely believed to be Wynn—may be leveraging shadow wallets to quietly build eligibility for Hyperliquid’s next airdrop.
Describing the project’s strategy as “possibly the greatest marketing stunt in crypto history,” Hayes implied that anonymous hedging could be a deliberate move to maximize airdrop rewards, all while staying under the radar.
Wynn, whose trading saga has become something of legend, first captured attention by flipping a modest $7,000 into $25 million during the memecoin frenzy surrounding Pepe.
At the peak of the hype, his paper gains reportedly reached an eye-watering $83 million. But the rollercoaster hasn’t been without pain—recent market swings wiped out $17.5 million of his holdings.
Though his real identity remains a mystery, Wynn’s audacious plays continue to captivate the community. If Hayes is right, his next move could be a stealthy grab at Hyperliquid’s future token windfall—using more than just bold trades this time.
XRP (XRP) has dropped by 2.4% in the past 24 hours as a much-needed pullback continues to unfold The token currently sits at $2.20 but trading volumes have dropped by 19% in the past 24 hours, meaning that the selling pressure has eased. Crypto liquidations have surged to $230 million in the past 24 hours […]
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