From $3 Million to $27.5 Million Overnight? Hyperliquid Trader Strikes it Big in Explosive Crypto Rally!
Jakarta, Pintu News – A trader on the Hyperliquid (Hype) platform made an explosive and high-risk trade, turning a $3 million deposit into a $27.5 million profit in just 52 days.
According to Cointelegraph, between April 7 and 9, the trader deposited nearly $3 million into the platform and began aggressively trading with high leverage, going fully long on various cryptocurrencies.
Hyperliquid Crypto Trader Advantages
Hyperliquid itself is a platform that allows users to trade perpetual futures on-chain without intermediaries or custodians.
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This trader bets everything on a long position, betting that the price of the crypto will rise. He uses different levels of leverage for each asset, meaning each dollar invested represents a much larger value in the trade.
After 52 days of trading, data from the digital wallet showed that the trader had cashed out almost $6 million in real profits, while still having around $22 million in unrealized gains.
Traders Bet Full on Crypto Price Rise
Data from the trader’s digital wallet shows that he’s not playing it safe at all. The trader was 100% long, meaning he was simply betting that the price would rise and not hedging at all to offset any potential losses.
He also used more than 40% of the available margin, showing a high-risk approach that paid off.
The timing of the trade was also perfect, coinciding with the crypto market rally from late April to May. On May 22, the price of Bitcoin reached a new record high of $112,000, which some analysts say was triggered by the turmoil in the Japanese bond market.
The trader’s account showed a steady growth graph, indicating that he continued to add positions when he won and kept his bets up as the price rose. As of May 29, the trader had almost $10 million ready to be withdrawn, indicating a very healthy profit cushion.
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Hyperliquid trader James Wynn opens $1.25 billion long Bitcoin position
This transaction adds to the lineup of high-profile positions on the Hyperliquid platform, which has recently become increasingly recognized for its depth of liquidity and trader activity.
One of the most talked-about names is James Wynn, a trader at Hyperliquid who shocked the market by increasing his 40x leveraged Bitcoin long position to $1.25 billion, having previously made a $25 million profit from trading Pepe coin (PEPE) tokens .
On May 24, analytics platform Lookonchain marked Wynn’s position at 11,588 BTC, with the liquidation price at $105,180.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Cointelegraph. Hyperliquid trader flips $3M into $27.5M during crypto rally. Accessed on May 30, 2025
