Opinion: Legendary trader James Wynn has made no trades in the past 24 hours, and the authenticity of the "reverse hedging rumor" seems increasingly credible.

Crypto KOL AB Kuai.Dong (@_FORAB) posted on the X platform analyzing that legendary trader James Wynn today voluntarily admitted to using multiple exchanges simultaneously. There had been rumors in the market that he was opening positions on Hyperliquid while simultaneously opening opposite positions on multiple exchanges to hedge, thereby attracting the entire network's attention to the $Hype platform and causing fluctuations in Meme coin prices. With James Wynn admitting to using multiple exchanges simultaneously, the authenticity of this rumor seems increasingly likely. As of now, James Wynn has no open positions on $Hype and has not traded within the past 24 hours.