Huo Xing Finance reports that, according to Yujin monitoring, a new wallet spent 440,000 USDC to go long on STRK on Hyperliquid yesterday morning. STRK subsequently rose over 50%, resulting in an unrealized profit of $850,000 within a day.
Trader profits $850,000 from STRK long position on Hyperliquid
MarsBitShare
Summary
A trader used on-chain trading signals to go long on STRK via Hyperliquid, investing 440,000 USDC on October 11. STRK surged more than 50% within a day, generating an $850,000 unrealized profit. This move underscores the potential of combining on-chain data with long-term investment strategies in volatile markets.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.