Odaily Planet News: According to monitoring by Lookonchain, a trader (0x0eD9...) sold 599.7 ETH at $3,687 per ETH one year ago, receiving $2.21 million in USDC, and then used the funds to purchase and stake 233,600 HYPE tokens. Five hours ago, the trader unstaked and sold all the HYPE tokens, receiving $5.78 million in USDC, and then used the funds to buy 1,844 ETH at $3,133 per ETH. This operation resulted in a total profit of 1,245 ETH, valued at $3.9 million.
Trader Earns 1,245 ETH ($3.9M) in One-Year Position Rotation
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Summary
A trader (0x0eD9...) executed a position trading strategy by selling 599.7 ETH at $3,687 for $2.21 million USDC one year ago. The funds were used to buy and stake 233,600 HYPE. Recently, the trader unstaked and sold all HYPE for $5.78 million USDC, then bought 1,844 ETH at $3,133. The position sizing decision led to a 1,245 ETH profit, valued at $3.9 million.
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