Chart of the Week: Millions in Profits Follow the Trail of Crypto’s ‘Inverse Cramer’

Meet Crypto’s ‘Inverse Cramer’: How Betting Against James Wynn Became a Lucrative Game

“Latest winning play? Just do the opposite of James Wynn,” quipped blockchain analyst Lookonchain, drawing a playful nod to Jim Cramer—the famously outspoken CNBC host whose calls traders often do the reverse of.

James Wynn, the mysterious Hyperliquid trader known for his massive $1 billion bitcoin short, might now be earning a new title in crypto circles: the “Inverse Cramer.”

For context, Jim Cramer’s loud stock picks have long inspired retail traders to profit by betting against him, spawning memes and even an “Inverse Cramer ETF,” which was eventually discontinued but remains a trading legend.

Now, crypto traders seem to have found their own version of this phenomenon. Lookonchain pointed to trader 0x2258, who has been deliberately taking opposite positions to Wynn—going short when Wynn goes long, and vice versa.

This strategy has reportedly earned 0x2258 roughly $17 million in a single week, while Wynn faced losses near $98 million.

While such contrarian trading is paying off now, caution is advised—crypto markets are notoriously volatile, and reversals can be swift.

Even after being fully liquidated recently, Wynn remained unfazed, saying, “I’ll run it back, I always do. And I’ll enjoy doing it. I like playing the game.”

So, while the old joke about profiting by doing the opposite of Jim Cramer may have a new crypto twist, one thing is clear: sometimes, the best gains come from going against the crowd.