According to online reports, James Wynn said in his statement on closing his position: "(Traders) must know how to advance and retreat, and timing is the most important thing. Never count money at the table. After the transaction is completed, you will have plenty of time to count money." According to previous news, James Wynn had closed a long position in BTC worth US$1.2 billion, and suffered a loss of US$13.39 million on multiple warehouse receipts but still made an overall profit of approximately US$8.45 million.