James Wynn's long article states that he started playing contracts in March and earned an 8-figure profit on Meme coin, but lost 100 million yuan in a week
Odaily Planet Daily News: James Wynn stated in an article on X platform that he has been involved in perpetual contract trading since March this year and has never traded seriously before. At most, he has been speculating on MEME coins (previously known for discovering PEPE at a market value of 600000 and earning an 8-figure profit). Once rolled over $3 million to $100 million in just one month, and then ran out of money on HyperLiquid for a week. At that time, I was just playing around on my own, but the on chain data was publicly available, and hundreds of thousands of people watched my account skyrocket and plummet. So I decided to let myself go. Later on, things gradually spiraled out of control. I understand that this is essentially gambling. I want to recover my losses, but I'm also afraid of being ridiculed as saying 'I can't even make 100 million,' so I'm getting deeper and deeper. The jumping numbers on the screen turned into virtual games, and greed completely prevailed.