According to Lookonchain, trader 0xda3c has achieved over $38 million in total profits trading $HYPE, with all 8 perpetual trades resulting in wins and $1.95 million earned from these trades alone (source: Lookonchain, June 9, 2025). Six months ago, 0xda3c bought 1.21 million $HYPE at $4.3 each for $5.2 million, with this position now valued at $42.2 million. Today, the trader sold 131,137 $HYPE for $4.7 million, demonstrating significant realized gains. For active traders, this highlights the potential profit opportunities in HYPE’s current market cycle and underscores the importance of timing and position sizing in maximizing crypto trading returns. Large-volume trades like these can influence price action and liquidity on decentralized exchanges, signaling possible volatility for short-term crypto market participants (source: Lookonchain).