A year-long arbitrage play just came to fruition. Trader 0x0eD9 executed a calculated rotation across multiple assets—first converting 599.7 ETH into roughly $2.21M USDC at an $3,687 entry point, then pivoting into 233,584 HYPE tokens at $9.47 per unit, which were subsequently staked to capture yield.



Fast forward to just hours ago: the position unwound completely. The entire HYPE stack liquidated at $5.78M USDC, marking a substantial intermediate gain. But the real move came next—buying back in at $3,133 per ETH, accumulating 1,844 ETH in a single transaction.

Final tally? A clean 1,245 ETH profit, translating to approximately $3.9M in value capture. The sequence reveals classic rotation mechanics: exploit relative pricing, farm alternative assets, rebalance at optimal market conditions, then redeploy capital at more favorable entry points. A textbook execution of multi-leg trading strategy across the crypto market cycle.
ETH-3,22%
USDC0,01%
HYPE-8,2%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)