PANews reported on December 26 that according to Spot On Chain monitoring, a trader has earned more than 8.3 million US dollars by trading perpetual contracts on the Hyperliquid platform.

He made $5.3 million in profit from trading derivatives and earned $3 million from the decentralized exchange’s funding fees. His transactions included:

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

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