Data: A trader went long on ETH through rolling contracts, earning 29.6 million dollars in 4 months with an investment of 125,000 dollars

According to ChainCatcher news and monitored by Lookonchain, a trader turned $125,000 into $29.6 million by going long on ETH in just 4 months, achieving a return of 236 times.

Four months ago, he deposited $125,000 into Hyperliquid and started going long on ETH through 2 accounts. He then cleverly compounded his profits, reinvesting every dollar of earnings into his ETH long positions, thereby building a massive position of 66,749 contracts of ETH ($303 million).

The total equity of his 2 accounts has now grown from $125,000 to $29.6 million.