A trader made a 734% profit by going long on PEPE in one week

According to monitoring by Lookonchain, a trader at address 0x419f increased their account net value from $58,700 to $489,900 within one week by going long on PEPE, achieving a return of 734%. Seven days ago, this trader deposited 58,700 USDC into Hyperliquid and used 10x leverage to go long on kPEPE. As the price of PEPE rose, the trader continuously increased their position, with the largest position reaching 221.96 million kPEPE (approximately $1.52 million).