A significant investor on Hyperliquid has seen substantial gains from on-chain U.S. stock trading. According to BlockBeats On-chain Detection, this investor transferred approximately $4.3 million two months ago and has since achieved profits of around $8 million, bringing their total account balance to over $12 million, a 280% increase from the initial capital. The most profitable assets have been Micron Technology (MU) and NVIDIA (NVDA).
As of the latest update, the investor continues to hold a long position in MU, with unrealized gains reaching $7.2 million, a 77.8% increase. This position was established two months ago when Micron's stock price was about $520. The rising stock price has significantly increased the value of this position, making it the largest long position in MU on Hyperliquid.
Address: 0x577ae91c7b74f04ddb3a5b399ded8318e9895fd2