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A trader turned 3 million dollars into 27.5 million dollars on Hyperliquid in 52 days.
A trader on the Hyperliquid platform turned a deposit of 3 million USD into 27.5 million USD in profit in just 52 days. From April 7 to April 9, this trader made big bets with long positions ( predicting price increases ) on various cryptocurrency assets, using high leverage. Hyperliquid allows for on-chain perpetual futures trading without the need for intermediaries.
A trader who does not hedge risk, bets 100% on price increases and uses more than 40% of available margin – a high-risk strategy but with significant returns. This timing coincides with a cryptocurrency price surge, when Bitcoin reached a record high of 112,000 USD on May 22.
Wallet data shows that the trader has withdrawn nearly 6 million USD in profits and holds about 22 million USD in unrealized gains, with 10 million USD available for withdrawal.