A certain address started rolling over a long position in ETH with a principal of 125,000 USDT in April, currently with a floating profit of 24.78 million dollars.

According to Wu, monitored by @EmberCN, a trader started rolling over a long position in ETH in April this year with only 125,000 USDT, and the current asset scale has reached 25 million dollars. In April, he transferred 125,000 USDC from ChangeNOW and Kucoin to Hyperliquid through 2 addresses to start going long on ETH. The first long position was taken at an ETH price of $1,490, which was at the year's lowest point. Since he began to go long on ETH, the price of ETH has risen steadily. He has increased his position by continuously rolling over profits, growing his holdings from a few hundred ETH to the current 66,000 ETH position, which is worth $300 million. The most recent addition to his position was yesterday at 9 AM. Currently, this address has a floating profit of 24.78 million dollars.