An address earned US$1 million with a principal of US$50,000 in 1 month
The Data Nerd posted on X platform that a certain smart money implemented a unique "Max Long" strategy in the HMX trading function and earned $1 million in just one month with a starting capital of $50,000. On September 12th, the 0x804 address started its HMX journey with 4 ETH. From September 12th to October 2nd, he deposited a total of 18.5 ETH ($333,000) to open positions in 4 assets, including BTC, ETH, ARB, and SOL. On October 15th, he began using the "Max Long" strategy and deposited an additional 2.9 ETH before the BTC ETF news was released. During this period, he opened positions in 7 assets, including BTC, ETH, ARB, XRP, OP, LINK, and SOL. As of October 25th, he had earned a profit of $700,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why SAB 121’s end is a big deal
Leader of incoming crypto task force SEC Commissioner Hester Peirce revealed SAB 121 will be no more
MicroStrategy to redeem $1.05B in convertible notes amid concerns over Bitcoin tax rules
AI Agent Platform Hybrid Completes Seed Round Financing, Outlier Ventures and Others Participate