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An address earned US$1 million with a principal of US$50,000 in 1 month

An address earned US$1 million with a principal of US$50,000 in 1 month

CointimeCointime2023/11/30 17:39
By:Cointime

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.

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