A trader profits over $38 million from HYPE, cashes out $4.7 million today
According to a report by Jinse Finance, monitored by Lookonchain, a trader with the address 0xda3c made a total profit of $1.95 million through HYPE perpetual contract trading. Six months ago, the trader purchased 1.21 million HYPE tokens at a low price of $4.3 each, with a total investment of $5.2 million, which is now valued at approximately $42.2 million. Today, the trader has sold 131,137 HYPE tokens, cashing out about $4.7 million, while still having 605,247 HYPE (valued at approximately $21.3 million) in staking. The trader's total profit on HYPE exceeds $38 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.
NVIDIA, Intel, and AMD have collectively spent $5 billion in advance payments to aggressively secure high-end IC substrates from Taiwan. Driven by "big money for guaranteed orders," the top three Taiwanese substrate manufacturers have invested a record NT$161.2 billion to expand their production capacity. The tech giants' substantial financial commitments to secure supply chains highlight the intense competition and extreme scarcity of core AI materials.
Brent Crude Oil Hits $116 as Markets Weigh Another Inflation Shock
S&P rewrites stock classification rules! $375 billions in funds may be forced to rebalance, major reshuffle for growth and value stocks
After S&P Dow Jones Indices adopts new stock classification rules, growth stocks and value stocks will undergo a reshuffling.
Crypto prices
More
