Trader Turns $1.02M into $26.07M on Hyperliquid — Closes $35.45M ETH & $17.68M SOL Shorts, Opens 6,590 ETH 20x Long
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
According to COINOTAG and monitoring by LookIntoChain, trader 0x044d expanded a Hyperliquid account from an initial $1.02 million to $26.07 million, recording a net profit exceeding $25 million based on on-chain activity.
Roughly three hours prior, the address closed a $17.68 million SOL short and a $35.45 million ETH short, realizing approximately $1.06 million in aggregated gains as positions were liquidated or covered.
Shortly thereafter the trader initiated a substantial directional bet, opening a long position of 6,590 ETH (around $28.9 million) with 20x leverage, markedly increasing market exposure and attendant margin and liquidation considerations.