A dormant address that had faded from trading for nearly a year has abnormally returned, front-running the VVV rally.

BlockBeats News, September 9 - According to TradingBeats monitored address, 0xc1e7 ended its XPL and HYPE contract trading on October 13 following last year's "1011 crash" event, and had not traded crypto contracts for 11 months since, until suddenly depositing funds last night, choosing VVV and taking a heavy position ahead of time.

At 21:38 on September 8, the address deposited approximately 678,500 USDC, and just 2 minutes and 14 seconds later began going long on VVV, with the first trade executed at $18.86. By 21:59, it had established a long position of approximately 78,700 VVV, accounting for 86.52% of its final position.

VVV then accelerated its rally, surging from around $19.53 to a high of $24.56 between 22:00 and 23:00, with a maximum single-hour gain of approximately 25.7%. The address continued adding to its position during the uptrend, completing its final position at 22:33, holding a total of 90,940 VVV with 3x leverage, at an average price of $19.39.

Today, VVV peaked at $29.45 on Hyperliquid, up approximately 56.13% from its initial entry price. The address at one point saw unrealized gains of approximately $914,000, representing a return rate of 155.4%. As of press time, the address has not yet reduced its VVV position, with a current position size of approximately $2.3634 million and unrealized gains of $599,200.