James Wynn has sold all his crypto spot holdings and increased his short positions.

Foresight News reported that crypto trader James Wynn has sold all his crypto spot holdings and increased his short positions. "I have sold all my cryptocurrency holdings (except for the long-term bitcoin spot holdings that I will never sell). In the past few hours, I have used all my stablecoins (over 30%) to fully increase my short positions. This is not an exaggeration. This is the most extreme bet I can make. If I go bankrupt, I will withdraw my bitcoin spot and store it in a cold wallet, and deactivate my X account."