The End of an Era: The Dev Bitcoin Whale That Has Occupied the Agenda for Weeks Has Suddenly Disappeared! Here Are the Theories

The anonymous crypto whale James Wynn, who attracted attention in the crypto market with his large transactions over the long weeks, suddenly permanently closed his account on social media platform X, formerly known as Twitter.

While Wynn’s account with the username “@JamesWynnReal” is now inaccessible, the last biography update before the profile was closed contained only one word: “broke” (without money).

According to blockchain data, it appears that only 6,580 dollars are currently left in the wallets identified as belonging to Wynn. However, in the past weeks, the total balance of these wallets had risen to 100 million dollars.

Cryptocurrency analyst Joao Wedson made the following statements regarding Wynn’s disappearance:

“Hyperliquid scam alert. This was most likely a fake account aiming to mislead the crowd with false transactions. I’ve seen this happen repeatedly over the last 10 years. Be cautious of accounts hiding behind pseudonyms, anime avatars, or impersonating famous whales. The crypto world is full of scammers, approach everything you see with skepticism.”

Wynn’s self-promotion as a “professional investor” on social media and the sudden collapse that followed his major trades has become a topic of discussion among investors. Some users in the X community argue that Wynn was never a real whale and that he has been trying to manipulate the market with fake trades.

According to the claims, Wynn opens a reverse transaction on a centralized cryptocurrency exchange every time it opens a transaction on the decentralized cryptocurrency exchange Hyperliquid, thus minimizing its losses. The whale’s aim is believed to be market manipulation and airdrop farming through Hyperliquid.