Making Millions in 2 Years: Here’s How This Hyperliquid (HYPE) Trader Did It

Apart from the major gains, the whales keeps holding more than $2 million worth of HYPE. Despite its risks and heightened volatility, the cryptocurrency market can offer people the chance of making substantial gains in a relatively short time. Of course, this usually requires entering the ecosystem early enough and knowing when to cash out. Check out the crazy story of one trader who dealt with Hyperliquid’s HYPE. Millions in Less Than 2 Years Lookonchain revealed the case of a mysterious whale who bought 257,928 HYPE toward the end of 2024. At the time, the price of one token was about $3.50, making the total investment just north of $900,000. Last week, the anonymous person or entity deposited 131,421 units (worth roughly $11.77 million) into Kraken. The analytics platform did not disclose whether the whale actually sold their stash, but such a move is often seen as the step before cashing out. Most recently, the investor transferred an additional 100,276 HYPE (equaling $8.17 million) to the same exchange. If those moves resulted in actual sales, the whale would have made more than $19 million in profit in less than two years. Moreover, they keep holding 26,231 HYPE, currently wo...