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A cryptocurrency wallet converted 16.26 million USDC into 304000 HYPE tokens on Hyperliquid at an average price of 53.70 dollars. The tokens are now valued at 63.50 dollars each, producing an unrealized gain of 2.97 million dollars.
Substrate placeholder — needs reviewA trader identified as '0x6adb' generated $559,000 in profits trading $HYPE options on the HypersurfaceX platform. The gains came over less than four months using two primary strategies. @lookonchain reported the details of the trading approach.