What will happen to the trader James Winn after the loss of $ 100 million

James Winn is a well -known trader, about which the entire cryptocurrency community has been talking over the past weeks. It became known thanks to billionth transactions with a shoulder on a decentralized exchange (DEX) Hyperlique.

James Winn suddenly shared his personal experiences, talking about the price of success and conflict with the platform that made it a star.

The dark side of glory and conflict with Hyperlique

Winn admitted that since he left the highly risked trading, he has been haunted by insomnia and panic attacks. In addition, he constantly thinks about returning and playing losses. In total, the trader lost $ 100 million, trading on Hyperlique.

“After the decision to depart from the trading for billions of dollars, I wake up in the middle of the night because of tachycardia and panic attacks … In a dream, I hear voices that say:“ Winn, wake up! Wake up, Winn, wake up … “I wave off these voices and stretch behind the bottle of whiskey,” Winn wrote in X (ex. Twitter).

The trader has become the “face” of Hyperlique. Thanks to Winn, the volume of trading on the decentralized exchange flew up to the river $ 8.6 billion. Meanwhile, the price of the platform token – HYPE – increased by almost 40% over the past month. Winn stated that he received only $ 34,000 for referrals from the site – an insignificant amount, given how many users he attracted and how the indicators of this DEX inflated.

“Their referral program is suck. Other platforms pay more. As soon as CZ (Binance founder Chanpen Zhao – Editor’s note) will launch its DEX with a dark bullet for trade in futures, Hyperlique will come to an end, ”said Winn.

Last week, Zhao really offered to create DEX with a dark pool. According to him, such a decision will increase the confidentiality of trading. The transparency of decentralized sites makes traders too vulnerable, Cz believes.

Winn emphasized that he had twice associated with Hyperlique to discuss a possible partnership. However, the platform team refused him, citing a decentralized model. Some critics now claim that Winn is associated with CZ and plays “4D-shahmat”-perhaps preparing the soil for the new DEX. The trader denies cooperation with Binance, but openly supports Zhao’s ideas:

“CZ has money, teams and communications to build something grandiose … I hope this will make Hyperlique improve,” Winn said.

Other users suggest that Winn could deliberately provoke the liquidation on Hyperliquid, hedgeing on other exchanges. There is no evidence, but the crypto community is actively discussing this topic. Winn himself states that he “found peace”, but hints at a possible return.

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Source: Cryptocurrency

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