A crypto trader transformed a $125,000 deposit into a $43 million equity position on Hyperliquid by leveraging aggressive compounding strategies. Over four months, the trader reinvested every gain into a single Ether long position, eventually controlling over $303 million in exposure. At the peak, the account showed a 344x paper return, but the trader exited with $6.86 million in realized profit as market conditions shifted. The success was driven by compounding and leverage, which exponentially increased the position size. However, the strategy carried significant risk, as leveraged trades can quickly unravel with market volatility. The trader's timely exit amid signs of cooling demand, such as $59 million in outflows from US spot ETH ETFs, was crucial in securing profits. This case underscores the potential and peril of DeFi trading on platforms like Hyperliquid, where high leverage and rapid execution can lead to massive gains or losses. It highlights the importance of having an exit strategy, respecting leverage, and understanding market signals to navigate the volatile crypto landscape effectively.