ChainCatcher News, according to Lookonchain monitoring, a trader turned $125,000 into $29.6 million in just 4 months by going long on ETH, achieving a return of 236 times.

Four months ago, he deposited $125,000 into Hyperliquid and began going long on ETH through 2 accounts. He then cleverly compounded his profits, reinvesting every dollar of earnings into his ETH long positions, thereby building a massive position of 66,749 contracts of ETH (worth $303 million).

The total equity of his 2 accounts has now grown from $125,000 to $29.6 million.