PANews reported on May 23 that according to Lookonchain monitoring, Huang Licheng (@machibigbrother) made a profit of more than 2.1 million US dollars in just one week of trading on the Hyperliquid platform.
On May 16, he began to inject funds into the Hyperliquid account, depositing a total of 6.04 million USDC. He made 7 long trades on ETH and HYPE - all profitable - with a net profit of $669,600.
He then used all the funds on Hyperliquid ($6.7 million) to buy 218,866 HYPE (now worth $8.2 million) and pledged them, with an average purchase price of $30.63. In just one week, Huang Licheng turned $6.04 million into $8.2 million - a profit of more than $2.1 million.