Odaily Planet Daily reports that crypto KOL Liangxi (@liangxihuigui) replied to whale James Wynn on the X platform:
"James Wynn is a fake persona created by HYPE. He uses multiple accounts to hedge positions—one account goes long while several others go short—so he does not bear any actual losses. His goal is to manipulate the emotions of over-leveraged speculators, lure retail investors into traps, and increase $HYPE's visibility to entice people to buy. I have already shorted $HYPE at its peak of 39 USD, and I believe $HYPE's price will fall below 20 USD."
OKX market data shows the current $HYPE price at 32.7 USD.