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
Will Bitcoin’s Correction Continue or is it a Good Time to Buy?
US stocks head into holiday week with history on their side
Let’s take a look at how US equities typically perform this time of year and what we might see in the coming days
Cardano implements first ZK smart contract
Share link:In this post: Cardano has deployed its first zero-knowledge smart contract on the mainnet through the use of the Halo 2 zkSNARKs. The technology allows for secure and private verification of computations with the help of the network without disclosing sensitive information. ADA recently crossed the $1 level and went as high as $1.15 before a 17% drop.
Investors Flock to UltraShort Bitcoin ETF as Post-Trump Rally Cools
Trending news
MoreCrypto prices
More
