There is an address that, starting from April this year, has been stubbornly holding onto $125,000 to go long on ETH, also engaging in rolling contracts, and now the assets have skyrocketed to $25 million! Calculating, it has multiplied by a full 200 times; this luck combined with operation is truly exceptional.

Speaking of which, this operation was quite meticulous; they just happened to take action at the lowest price point of ETH this year. The initial $125,000 USDC was withdrawn from two addresses from ChangeNOW and Kucoin respectively, then consolidated into their own account, and all in one go went long.

However, to be honest, this rolling contract play looks profitable, but the risks are also quite significant; it relies entirely on leverage to amplify returns, and if the ETH price suddenly corrects, liquidation could happen in an instant.

One can only say that this person not only dares to bet but also accurately timed the ETH upward cycle; this operation is indeed textbook-worthy $ETH