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

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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.

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