A certain trader bought the dip in MINIMAX and saw a 710% gain, experiencing an 85% price surge immediately after opening the initial position.

BlockBeats News, August 13, according to TradingBeats (formerly Hyperinsight) monitoring, MINIMAX continued its upward trend today, currently trading at $47.79, with a daily gain of about 7.8%; up 9.7% since the last tracking. The 24-hour trading volume is around $6.65 million, with open interest value of about $13.07 million.

Previously, the whale address starting with 0xcd98, which made a 620% profit in 15 days, continued to accumulate. After the last tracking, the whale bought an additional 4736.1 MINIMAX tokens, increasing its holdings to 73,500 tokens. The total position increased from around $1.85 million to $2.045 million, and the average entry price rose from $26.91 to $27.83.

As of the time of writing, the whale holds a long position of about $3.512 million in MINIMAX with 10x leverage, with unrealized gains expanding to $1.467 million, an increase of about $322,000; the ROI has risen to 717.6%, with a liquidation price of $26.75.

This address became active on July 23, receiving about 49,900 USDC tokens in its first transaction and then purchasing MINIMAX within two minutes. The current price of MINIMAX has risen by about 85% from its initial purchase price and by 71.8% from the average entry price.

The on-chain Perp and address analysis tool TradingBeats is now live, supporting real-time viewing of Hyperliquid data, from address tracing to whale operations, providing in-depth analysis for a comprehensive understanding.