ChainCatcher news, according to monitoring by Spot On Chain, a trader has earned over 8.3 million dollars by trading perpetual contracts on the Hyperliquid platform.

They profited 5.3 million dollars through derivative trading and earned 3 million dollars from the funding fees of the decentralized exchange. Their trades included:

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.