Odaily Planet Daily reports, according to Onchain Lens monitoring, a Hyperliquid trader deposited 1.5 million USDC before opening a short position worth approximately $8.14 million, accumulating total profits of about $6.46 million. Major positions include a $2.37 million SPCX short at 2x leverage, a $1.3 million DRAM short at 2x leverage, a $1.11 million MU short at 2x leverage, and several other short positions across additional assets.
Hyperliquid Trader Earns $6.46M Profit, Opens $8.14M in Short Positions
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A Hyperliquid trader executed a strong take-profit strategy, earning $6.46 million in profits after depositing $1.5 million in USDC. The trader then opened $8.14 million in short positions using leverage trading. Key positions included a $2.37 million short on SPCX with 2x leverage, a $1.3 million short on DRAM with 2x leverage, and a $1.11 million short on MU with 2x leverage.
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