“After Being Accused of FOMO for ‘Buying Low and Selling High,’ Arthur Hayes Responds to James Wynn by Showcasing His Address to Prove His Competence”

With the recent significant rebound in the cryptocurrency market, BitMEX founder Arthur Hayes humorously criticized himself for “selling low and buying high” and loudly replenished his positions. This move drew the sarcastic remarks of high-leverage trader James Wynn, who pointed out that it was a typical FOMO operation.

Arthur Hayes had previously liquidated a large number of positions in early August, selling various cryptocurrencies including Ethereum (ETH) and ENA, while publicly predicting a pullback for Bitcoin (BTC) and Ethereum. Unexpectedly, the market bottomed out and rebounded around the time of his post. A week later, Hayes publicly admitted his mistake and jokingly stated that he “would never take profits again,” while simultaneously buying back ETH and other tokens.

Related Report: “Arthur Hayes Admits Mistake and Buys Back Spot Positions; Purchased Nearly Ten Million Dollars Worth of These Tokens in the Past 24 Hours”

According to data compiled by on-chain analyst Ai Yi, Hayes has purchased tokens such as ETH, ETHFI, LDO, PENDLE, and ENA in the past three days, with a total holding value of $9.801 million, currently showing a floating profit of $180,000.

However, high-leverage trader James Wynn is not impressed by Hayes’s actions. He stated on social media platform X:

Wynn further added, “I mean no disrespect to him, but this is a typical FOMO behavior. My trading records will be made public soon.”

In response to these comments, Hayes directly retorted on social media:

Wynn was once dubbed a “legendary trader” by some media outlets, but in recent months, he has executed several unsuccessful trades, leading to doubts about his trading abilities within the community.

Related Report: “Myth Becomes Joke? Short Squeeze Tide Hits, Both ‘Legendary Trader’ and ‘Insider Bro’ Suffer Heavy Losses”