Rapid Profits Piled Up by Elite Traders of HYPERLIQUID during HYPE Token Upsurge
Sneaky Stats from Hyperliquid: The Hidden Profit Pyramid
The glitzy world of Hyperliquid, a popular futures exchange, is abuzz with gigantic profits accumulated by an exclusive clique of traders. A recent deep-dive into the exchange's data unveils an elite crew of at least 181 traders boasting lifetime earnings of over $10 million.
Capping the league table is a mystery man, sporting the wallet address 0x77c3...)5e45, whose account value teeters on half a billion dollars and has scooped a whopping $287 million, offering a 'modest' ROI of 137%. Hot on his heels is "thank you jefef," who raked in a staggering $162.2 million from a 3,772% return on an account now worth $159 million.
Other noteworthy heavyweights include trader 0x9794...)333b, with a $155.9 million account that stemmed from a $136.9 million gain, bringing an ROI of 720.79%. Following suit is trader 0x716b...)1d95, whose account balance of $188 million blossomed from a $102.2 million windfall.
The top earners have built their fortunes on hefty trading volumes. "thank you jefef," for instance, rattled through over $4.6 billion in trades. Yet, a handful of outliers display abnormally low volumes, hinting at clandestine off-platform strategies or position nuances.
At the opposite end of the spectrum, the eight-figure PNL threshold currently pegs at around $10.6 million. Pet projects like "MELANIA," "BobbyBigSize," and 0xd51c...)2b0b mark the underbelly of this elite club, with each crossing the $10 million profit line with varying degrees of finesse. "MELANIA's" ROI, however, skyrocketed to an unbelievable 10,000,000%, suggesting an outlying position or a head-scratching anomaly.
Analyst DeFi_Mochi asserts that substantial gains can be found even beyond the top brackets, with at least 1,589 traders reporting PNLs above $1 million[6].
The Golden Age of Greed: HYPE Unleashed
From a market perspective, Hyperliquid's exclusive profit pool underscores how the perpetual swaps market has morphed into a capital-intensive arena. While the masses of retail traders flock the smaller tiers, mammoth wins accumulate in the nest of those who can stomach high leverage and weather substantial drawdowns[3].
The swanky profitability has coincided with an impressive surge for Hyperliquid's native HYPE token. As of this report, it soared 11% to hit a fresh all-time high of $44.69, obliterating the record tottering only five days ago[1]. In the past week, HYPE zoomed 28% ahead of the broader crypto market, which slumped 3.10% during the same period[2]. Over longer stretches, its price appreciated by more than 36% over two weeks and a staggering 65% in the past 30 days[1].
Bonus Coinage:- Use this link to score a $600 exclusive welcome bonus on Binancefull detailsUnleash a $500 free position on any coin with this limited offer for our website readers on Bybit: Click here to join**
Hyperliquid (HYPE) Facebook Twitter LinkedIn Telegram
[1]: CoinGecko data[2]: CoinMarketCap data[3]: Data from The Block[4]: Data from DeFi Mochi[5]: Data compiled from Hyperliquid leaderboard and other public sources[6]: Enrichment data, not directly sourced from the original article
- The world of Hyperliquid, a popular futures exchange, has seen significant profits accumulated by an elite group of traders, with some managing to earn over $10 million.
- The top traders on Hyperliquid have built their fortunes on hefty trading volumes, with some rattling through billions in trades.
- Despite the substantial profits made by a few, analyst DeFi_Mochi asserts that there are still substantial gains to be found, with at least 1,589 traders reporting profits above $1 million.
- The swanky profitability at Hyperliquid has coincided with an impressive surge for its native HYPE token, which soared 11% to hit a fresh all-time high of $44.69.
