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Trader Goes Long on ETH, Turns $125,000 into $29.6 Million in 4 Months

Summary: According to reports, a trader managed to turn $125,000 into $29.6 million in just 4 months by going long on ETH, with a return rate of 236 times, as monitored by Lookonchain. Four months ago, he deposited $125,000 into Hyperliquid and started going long on ETH through 2 accounts. He cleverly compounded his profits, reinvesting ...

According to reports, a trader managed to turn $125,000 into $29.6 million in just 4 months by going long on ETH, with a return rate of 236 times, as monitored by Lookonchain.

Four months ago, he deposited $125,000 into Hyperliquid and started going long on ETH through 2 accounts. He cleverly compounded his profits, reinvesting every dollar earned into his ETH long positions, building a massive position of 66,749 ETH contracts ($303 million).

The total equity of his 2 accounts has now grown from $125,000 to $29.6 million.

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