James Wynn made reckless decisions and blew himself up.

The White Whale got wiped on perps in a black swan event he could not control. Big difference. His net worth took a hit, but he is far from broke.

After that, he decides to CTO a coin and inject his own capital.

Irrational but whatever.

And somehow everyone fuds him for doing exactly what they pray their coins and devs would do.

It is silly. Wynn comes out swinging, calls him a broke whale, and frames it as cope for losses, while conveniently ignoring his own very public blowups.

What is actually funny is how bad people are at imagining motivations outside their own lens.

On chain, you can see the White Whale still holds millions in spot and has injected meaningful liquidity into the coin. This is not someone scrambling for a money.

I doubt he is making money from this. Sure, there are ways to monetize, but breaking even or profiting here seems unlikely (he’d kill the coin before he could properly pull out).

And people cannot comprehend that. Because sometimes people do things for fun, for pride, for narrative, or just because they can. Not everything is driven by pure economic outcomes.

And I doubt this thing has the virality of Fart or Doge outside crypto but it’s entertaining and at the end of the day it’s all a game of chicken. So why even argue.

Enjoy the ride regardless of what happens. Who cares man. I’m generally enjoying the show and it would be fun to see an unexpected outcome.