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Hyperliquid Trader Logs $29.75 Million Gain Across 15 Trades

The trader also opened a 24,000-ETH long position valued at about $60.7 million, with an unrealized profit of $2.6 million.

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Ethereum coin beside a sleek position marker on an exchange counter / TokenPost.ai
Ethereum coin beside a sleek position marker on an exchange counter / TokenPost.ai

A trader on Hyperliquid has accumulated $29.75 million in realized gains across 15 trades and opened a 24,000-Ether (ETH) long position, creating a sizable on-chain derivatives bet.

The position is valued at about $60.7 million and had an unrealized profit of $2.6 million on Tuesday. Nearly all of the trader’s completed trades have been profitable.

The activity began about four months ago through four newly created wallets. The latest ETH position adds to a trading record that has drawn attention because of its high win rate and large position size.

The position’s value and unrealized profit can change as ETH prices move and as the trader adjusts or closes the trade.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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