BlockBeats News, on December 26, according to Spot On Chain monitoring, a trader has earned over 8.3 million USD by trading perpetual contracts on the Hyperliquid platform.

They profited 5.3 million USD from trading derivatives and earned 3 million USD from the funding fees of the decentralized exchange. Their trades include:

Short positions: SOL, ETH, BTC, LINK, XRP, WIF, LTC; Long positions: DOGE, SUI.

In the past 24 hours, the trader has also bridged 3.7 million USDC to Hyperliquid.