Hyperliquid Whale Turns $4.3M Into $12M in Two Months via Trade.xyz On-Chain Stocks, Up 280%

According to BlockBeats citing Hyperinsight monitoring data, a whale address on Hyperliquid transferred approximately $4.3 million two months ago and has accumulated $8 million in profits through Trade.xyz on-chain stock trading, bringing the account above $12 million. The address has achieved a 280% gain on its initial capital, with Micron Technology (MU) and Nvidia (NVDA) as the primary profit drivers.

As of May 28, the whale maintains an open long position in MU with unrealized gains of $7.2 million (+77.8%), making it the largest MU long holder on Hyperliquid. The position was opened two months ago when Micron's stock price was approximately $520.