Antrader Long ETH on Margin, Earns $296 Million from $125k in 4 Months

BlockBeats News, August 17th, according to LookIntoChain monitoring, a trader managed to turn $125,000 into $29.6 million in just 4 months by longing ETH, achieving a return of 236x.

4 months ago, he deposited $125,000 into Hyperliquid and started longing ETH through 2 accounts. Then, he cleverly compounded his profits, reinvesting every dollar of gain into his ETH long position, thus building a massive 66,749 ETH holding (worth $303 million).

His total equity across the 2 accounts has now grown from $125,000 to $29.6 million. The two addresses are:

0xd076114257b043891da51194321300c2cd2327bb;

0x5f72f33fb4e80d3c01c8ca91d4e56e09e49eda67.