According to BlockBeats news on August 17, monitored by Lookonchain, a trader turned $125,000 into $29.6 million by going long on ETH in just 4 months, achieving a return of 236 times.
Four months ago, he only deposited $125,000 into Hyperliquid and started going long on ETH with 2 accounts. Then, he cleverly compounded his profits, reinvesting every dollar of earnings into his ETH long positions, thus building a massive position of 66,749 contracts of ETH ($303 million).
The total equity of his 2 accounts has now grown from $125,000 to $29.6 million.
