In a stunning display of trading prowess, a crypto whale has achieved a 100% win rate on Ethereum (ETH) trades over the past two weeks on the Hyperliquid platform, turning an initial $3.2 million into $8.37 million, netting a profit of $5.17 million, which translates to an impressive 161% return. This remarkable performance, reported by industry observer EmberCN on social media, highlights the potential for significant gains in the volatile crypto market, especially for high-stakes traders. The whale executed three precise trades, capitalizing on ETH’s price movements with flawless timing. The first trade was a long position opened on May 22, 2025, at an undisclosed entry price, which was closed on May 23, 2025, for a profit of $1.11 million. The second trade, another long position, was initiated on May 26, 2025, and closed on June 5, 2025, yielding a $1.62 million profit. The third and most recent trade saw the whale go short on ETH on June 5, 2025, closing the position at 4:00 AM UTC on June 6, 2025, for a staggering $2.45 million profit. These trades not only reflect the whale’s ability to predict market trends but also underscore the high-risk, high-reward nature of leveraged trading in decentralized finance (DeFi) platforms like Hyperliquid. For traders searching for Ethereum trading strategies or whale trading signals, this case study offers a glimpse into the strategies of elite market participants during a period of heightened volatility in the crypto space.

The implications of this whale’s activity extend beyond individual profits, as such large trades can influence market sentiment and liquidity, particularly for ETH trading pairs like ETH/USDT and ETH/BTC on major exchanges. On June 6, 2025, following the closure of the whale’s short position, ETH saw a slight price dip, with the asset trading at approximately $3,800 on Binance at 5:00 AM UTC, down 1.2% from its 24-hour high of $3,846, according to data from CoinGecko. This movement aligns with the whale’s profitable short, suggesting their trade may have contributed to downward pressure. Trading volume for ETH spiked by 18% in the 24 hours leading up to June 6, 2025, reaching $14.2 billion across major exchanges, reflecting heightened market activity possibly triggered by whale movements. For retail traders, this presents both opportunities and risks. Those monitoring on-chain metrics via tools like Glassnode or Whale Alert could position themselves to follow such large players, potentially entering long positions if ETH rebounds above key resistance levels like $3,850. However, the risk of sudden reversals remains, especially in a market influenced by leveraged trades. Additionally, the whale’s activity on Hyperliquid, a platform known for perpetual futures, suggests that leveraged trading strategies could yield outsized returns for experienced traders during volatile periods.

From a technical perspective, ETH’s price action around these trades shows clear patterns that traders can analyze. On May 22, 2025, when the first long position was opened, ETH was trading near a support level of $3,600, as per TradingView data, before rallying to $3,750 by May 23, 2025, at the time of the first trade’s closure. The second long position, opened on May 26, 2025, coincided with a breakout above the 50-day moving average, with ETH climbing to $3,900 by June 5, 2025. The short position initiated on June 5, 2025, capitalized on overbought conditions, as the Relative Strength Index (RSI) on the daily chart hovered near 68, indicating potential for a pullback. By June 6, 2025, at 4:00 AM UTC, when the short was closed, ETH had dipped below $3,800, aligning with the whale’s exit. On-chain data from Glassnode further reveals a 12% increase in ETH transaction volume between May 22 and June 6, 2025, suggesting heightened network activity during this period. For traders focusing on Ethereum price prediction or ETH technical analysis, these levels—support at $3,600 and resistance at $3,900—remain critical. Moreover, while this whale’s trades are crypto-specific, they occur against a backdrop of broader market dynamics, including stock market fluctuations. On June 5, 2025, the S&P 500 gained 1.2%, closing at 5,354 points, per Yahoo Finance, reflecting risk-on sentiment that likely supported ETH’s price stability despite the whale’s short. Institutional flows between crypto and traditional markets also appear correlated, as evidenced by a 9% uptick in Grayscale’s Ethereum Trust (ETHE) trading volume on June 5, 2025, hinting at growing interest from traditional investors. Traders should monitor such cross-market correlations to gauge potential ETH movements, leveraging both crypto-specific signals and broader economic indicators for informed decision-making.

In summary, this whale’s flawless trading streak on Hyperliquid offers valuable insights for crypto enthusiasts exploring high-frequency trading or Ethereum market trends. The interplay between crypto-specific actions and stock market sentiment, combined with precise technical entries and exits, underscores the importance of timing and market awareness. Retail traders can learn from such case studies by focusing on volume spikes, key price levels, and institutional flows between crypto and traditional markets to identify trading opportunities while managing inherent risks.