ME News reports that on July 2 (UTC+8), during yesterday’s market pullback, the “biggest winner in U.S. stocks” closed out its DRAM short positions, realizing a profit of approximately $3.95 million, while simultaneously earning around $880,000 from short positions in INTC and WDC, becoming the top-profitable contract address on Hyperliquid over the past 24 hours. Since its first trade in April, this address has accumulated total profits of approximately $12.06 million, with $8.1 million earned in the past 30 days. It frequently rotates among leveraged contracts tied to storage and semiconductor U.S. stocks—including DRAM, SNDK, INTC, MU, WDC, and SPCX—often completing a full trading cycle within a week. Its recent win rate has reached a high of 84.6%, with a maximum drawdown of 14.3%. On June 30, this address also executed short trades in SNDK, WDC, and SPCX, collectively generating about $3.9 million in profit. Following yesterday’s semiconductor pullback, its current primary holdings are: 10x SPCX Long Position: 86,748.6 contracts, equivalent to approximately $13.79 million, with an average entry price of $160.30 and a current price of ~$159.00, resulting in an unrealized loss of ~$112,500 and a liquidation price of ~$147.99. This position was opened early today and built up over several hours. Notably, address 0x4e23 currently has outstanding sell orders totaling approximately $20.15 million concentrated on WDC, DRAM, SNDK, and INTC. If these orders are filled, they would result in additional shorting or a shift to net short exposure under its current portfolio structure: WDC: 50 sell orders placed between $704.91 and $790.00, totaling ~$11.1 million; currently no position—fills would open new shorts. DRAM: 20 sell orders placed between $82.207 and $86.298, totaling ~$5.68 million; currently holds only 117.1 small long contracts—fills would convert this into a large short position. SNDK: 6 sell orders placed between $2,238.30 and $2,250.70, totaling ~$2.95 million; currently holds 49.134 small short contracts—fills would increase short exposure to ~1,365 contracts. INTC: 1 sell order placed at $131.76, size ~$408,000; currently holds 231.79 small short contracts—fills would increase short exposure to ~3,328 contracts. Address: 0x4e23288cee4960f9f962195c22948e4bc7ae20c3 (Source: BlockBeats)
Hyperliquid Top Earnings Address Bags $4.78M in DRAM Short Profits
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Summary
A top Hyperliquid address earned $4.78 million from DRAM short positions on July 2, including $880,000 from INTC and WDC shorts. The address has generated $12.06 million since April, with $8.1 million earned in the last 30 days. Focused on storage and semiconductor stocks, it holds a 10x long position in SPCX and has $20.15 million in sell orders across WDC, DRAM, SNDK, and INTC. Traders employing value investing strategies in crypto often monitor support and resistance levels to time their entries and exits.
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