According to Deep Tide TechFlow news, on August 17, the on-chain analysis platform Lookonchain (@lookonchain) monitored that a trader amplified their $125,000 principal to $29.6 million through going long on ETH in 4 months, achieving an astonishing return of 236 times.
According to on-chain data, this trader deposited $125,000 on the Hyperliquid platform 4 months ago and started going long on ETH with 2 accounts. The trader employed a compound interest strategy, reinvesting every profit back into the ETH long position, ultimately establishing a massive position of 66,749 ETH valued at $303 million.
Currently, the total equity of the trader's two accounts has grown from the initial $125,000 to $29.6 million. According to the data, the trader primarily operates using a buy-the-dip strategy and currently holds the largest ETH position, with a liquidation price at $4,200.
