Stock Trading Whale: An Address with $4.3 Million Initial Investment Dives into US Stocks, Surging Over 280% in Two Months

BlockBeats News, May 28th, according to Hyperinsight monitoring, a whale on Hyperliquid deposited approximately $4.3 million two months ago. Since participating in on-chain U.S. stock trading deployed by Trade.xyz, it has accumulated a profit of around $8 million. The account's funds have now exceeded $12 million, with the initial investment multiplied by 280%. The most profitable assets contributing to this are MU (Micron Technology) and NVDA (NVIDIA).

As of the time of writing, the address still holds a long position in MU that has not been closed, with an unrealized gain of $7.2 million (+77.8%). This long position was opened at the beginning when the address was created two months ago, when Micron's stock price was only about $520. As the stock price continued to rise, the value of its position passively increased, making it the largest long position on MU on Hyperliquid.

Address: 0x577ae91c7b74f04ddb3a5b399ded8318e9895fd2