Cryptocurrency: One trader made significant profits on Hyperliquid by betting on the price of cryptocurrencies after the dip in early April. Smart money on-chain tracker Lookonchain has spotlighted the whale, identified as 0x15b325660.
The trader opened long positions on Ethereum, Solana, Bitcoin, Litecoin, XRP, LINK, AVAX, HYPE, and ENS, using between 25x and 3x leverage at a time when the tokens were significantly down due to retaliatory tariffs announced by President Donald Trump.
The bet has now earned the trader more than $9 million in unrealized profits from the trades. With the trader committing millions to the position across nine tokens, the massive profits match the size of the initial investments.