James Wynn contacts CZ after $100M loss, stirring speculation of collaboration

On Monday, crypto Twitter lit up when James Wynn—known for his high-leverage trades and recent dramatic losses—tagged Binance founder Changpeng Zhao (CZ) on X, urging him to “DM me.”
CZ responded with a wry nod to ReachMe.io, an interactive crypto platform, leaving the rest of the conversation to unfold behind closed doors.
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This brief but public interaction has triggered a wave of speculation across the crypto community, with fans debating whether the two might be working on a joint initiative. Some have gone so far as to call it the “collab of the century.”
A tumultuous streak for Wynn
James Wynn, a self-proclaimed “degen” trader, gained notoriety after reportedly turning a $500,000 bet on PEPE memecoin into $87 million. His audacious style earned him a loyal following—and critics. Recently, his streak of wins came to an abrupt halt with a reported $100 million loss over just 48 hours through risky Bitcoin and PEPE positions.
Public signal or private play?
The Wynn-CZ exchange, albeit brief, came at a moment of volatility in the crypto market. While Wynn’s recent trading losses have drawn scrutiny, his reach and influence in the trading community remain strong. CZ’s response—suggesting ReachMe.io—added fuel to speculation that a strategic or promotional collaboration may be brewing.
However, without a formal announcement, the nature of their interaction remains speculative. Whether this signals a genuine partnership or a clever publicity maneuver remains to be seen.
Though details are scant, the interaction between James Wynn and CZ has ignited curiosity across the crypto world. As Wynn attempts to bounce back from a staggering loss and CZ continues to expand Binance’s influence, the coming days may reveal whether this was a fleeting moment—or the start of something bigger.
We wrote earlier that James Wynn accused of meme coin pump-and-dump scheme.