The larger size of graphene sheets should intuitively generate higher overall properties of their macroscopic materials. However, this intuitive notion still remains ambiguous. Here, we uncover that the wrinkle formation causes the counterintuitive size predicament of graphene sheets in their macroscopic materials. In the model of graphene oxide assembled papers, we reveal that the giant size of graphene oxide sheets aggravates the formation of larger wrinkles and more microvoids, causing the negative size effect in mechanical strength. A major microscopic origin of the size predicament is the skin wrinkling in the drying process, and the wrinkling behavior follows a general rule of deformation of an elastic thin plate. We use a wrinkle-engineering strategy to depress the spontaneously formed large wrinkles and succeed in the resolution of the size predicament. After wrinkle modulation, an authentically positive size effect reversely appears in which giant graphene sheets generate ultrahigh mechanical strength and superior functionalities of graphene papers. The origin of the size predicament reminds us of the hidden importance of modulating wrinkles for graphene macroscopic materials and provides a guidance of wrinkle engineering for graphene materials with advanced performances.