According to on-chain analytics platform Lookonchain (@lookonchain), trader 0x419f turned $58,700 into $489,900 within a week by going long on PEPE, achieving a 734% return. Seven days ago, he deposited $58,700 into Hyperliquid and opened a 10x leveraged long position on PEPE. As the price of PEPE rose, he continuously reinvested his profits into the position, eventually increasing his total holdings to 221.96 million kPEPE (worth $1.52 million).
Trader Makes Over $400,000 in a Week by Going Long on PEPE
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Summary
A trader using the handle 0x419f earned over $400,000 in a week by going long on PEPE with 10x leverage on Hyperliquid. Starting with $58,700, they built a position of 221.96 million kPEPE, valued at $1.52 million, by reinvesting gains as the price climbed. On-chain trading signals helped identify the opportunity, showing how long-term investing strategies can deliver sharp returns in volatile markets.
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