In a remarkable trading feat, crypto trader 0xD835 has transformed an initial $3 million investment into $18.35 million within just five days. The trader deposited $3 million USDC into the Hyperliquid platform and executed a maximum-leverage short position. As the market declined, 0xD835 continuously reinvested profits, resulting in an unrealized profit and loss (PnL) exceeding $15.35 million.
Currently, 0xD835 holds significant positions across multiple cryptocurrencies, including 1,667 BTC valued at $148.2 million, 45,523 ETH worth $134.8 million, 928,898 HYPE tokens totaling $19.9 million, and 824 XMR valued at $412,000. This strategic maneuver highlights the potential for substantial gains in volatile markets through leveraged trading.
Trader 0xD835 Turns $3M into $18.35M with High-Leverage Short
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
