Trader’s Unrealized Profit Surges to Over $15 Million in Five Days Amid Market Decline

• A crypto trader made $15.35 million trading futures.
• It took him five days to do it.
• He opened high-leverage short positions.

An unknown trader grew his capital from $3 million to $18.35 million in five days by trading futures on the Hyperliquid decentralized exchange. However, he has not closed the trades yet, and his unrealized profit exceeds $15 million. Lookonchain reported this.

According to analysts, the investor first deposited 3 million USDC on Hyperliquid and opened high-leverage short positions. As the market fell, he continuously increased his position sizes, reinvesting profits.

As of writing, he has the following short positions open:

• bitcoin — a 40x leveraged trade. The entry point is $92,080, and the unrealized profit is estimated at about $5.27 million.
• Ethereum — 15x leverage, entered at $3,181. Current unrealized profit is about $10 million.
• HYPE — a 10x leveraged trade opened at $21.64. Unrealized profit is approximately $209,000.
• XMR (Monero) — the position with the lowest leverage at 5x. The short was opened at $605, and unrealized profit is about $86,500.

As a reminder, we reported that two traders lost $27 million trading altcoins.