According to @lookonchain, a top trader on the Hyperliquid platform known as 'The White Whale' (@TheWhiteWhaleHL) has generated nearly $30 million in profit in just one week. The on-chain analysis reveals that this trader utilized four different wallets to execute long positions on Ethereum (ETH) and Solana (SOL). These successful trades propelled 'The White Whale' to the number one spot on the Hyperliquid leaderboard, showcasing a highly profitable short-term trading strategy.

According to @lookonchain, trader James Wynn has successfully recovered from a previous liquidation, generating a profit of $473,900 in the last 24 hours. This turnaround was achieved by strategically shifting from a long position to a short position on both Bitcoin (BTC) and HYPE. The on-chain data highlights a significant profit from this bearish pivot.

According to Lookonchain, after $USELESS broke the $100 million market cap, the trader Cooker.hl sold 5 million $USELESS tokens for 3,278 $SOL (equivalent to $481,000). Cooker.hl still holds 9.26 million $USELESS (valued at $949,000), with a total realized profit of $1.29 million. This major sell-off and profit-taking event may indicate heightened volatility and increased trading opportunities in $USELESS and related Solana-based tokens. (Source: Lookonchain, solscan.io)

According to Lookonchain, a trader achieved a remarkable 1,586x return on their investment in $BUBB. Initially investing $304 to acquire 43.94 million $BUBB tokens, the trader sold 28.9 million tokens for $122,000, retaining 15.64 million tokens valued at $360,000. This significant profit highlights the potential for substantial returns in the cryptocurrency market when strategic trading decisions are made. Source: Lookonchain.