Ethereum Whale Triples Holdings to $8.37M with 100% Win Rate on Hyperliquid

COINOTAG News reports that a prominent whale investor has significantly increased its Ethereum (ETH) holdings, achieving a remarkable 100% success rate on the Hyperliquid platform over the last two weeks. Starting with an initial capital of $3.2 million, the trader has expanded their portfolio to $8.37 million, realizing a net gain of $5.17 million, which translates to a 161% return on investment.

The whale executed a series of strategic trades, beginning with a long position on ETH initiated on May 22 and closed the following day, securing a profit of $1.11 million. Subsequently, another long position opened on May 26 was held until June 5, yielding $1.62 million in gains. Most recently, a short position opened on June 5 was closed early today, generating $2.45 million in profit.

Following these successful trades, the investor has withdrawn the full amount of $8.37 million, encompassing both principal and profits, to a secure wallet address. This activity underscores the growing influence of sophisticated traders in the ETH market and highlights the potential for disciplined trading strategies within the cryptocurrency ecosystem.