In a stunning display of strategic trading, a crypto investor identified as “0x15b3” has reportedly turned an initial investment of $2.95M into a staggering $29.76 million profit on the Hyperliquid platform.
According to blockchain analytics firm Lookonchain, the trader made this remarkable gain in less than two months by capitalizing on a key market downturn.
While the broader crypto market was rattled by a sharp dip in Bitcoin’s price in early April.
0x15b3 seized the opportunity, creating a new wallet and moving 2.95 million USDC to Hyperliquid between April 7 and 9.
Instead of retreating during the dip, the trader went long on 16 tokens, including major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Hype (HYPE), Litecoin (LTC), and Ethereum Name Service (ENS).
Strategic Timing During Bitcoin Dip Pays Off Massively
The trader’s success is largely attributed to their precise market timing.
The investments were made during a moment of high volatility when Bitcoin fell below $75,000, triggering panic among retail and institutional investors.
While many chose to exit or hold, 0x15b3’s aggressive long positions on multiple tokens positioned him for major upside as the market began to recover and rally.
The strategy paid off tremendously in the weeks that followed, particularly as investor confidence returned and crypto prices surged across the board.
By leveraging the momentum across multiple assets instead of focusing on a single coin, 0x15b3 managed to maximize exposure to the broader market rebound.
Also Read: Bitcoin Trader Turns $690,000 USDC into $1.826 Million Via Rapid BTC Trades In A Three-Hour Window
Bull Market Fueled by Institutional Support and Regulatory Clarity
This incredible profit coincides with a broader bullish trend across the cryptocurrency market.
Most notably, Bitcoin has surged to a new all-time high of $111,000, driven by substantial institutional investment and positive global regulatory developments.
Among the most prominent drivers were Strategy’s 4,020 bitcoin purchase, total its holdings to 580,250 BTC and Pakistan’s recent commitment to adding Bitcoin as reserve asset.
The surge in institutional demand, coupled with growing clarity from regulators worldwide, has created a favorable environment for high-stakes traders like 0x15b3 to thrive.
The market-wide confidence has also lifted altcoins and Layer 1 assets, further benefiting diversified portfolios.
More Traders Post Eye-Watering Gains in Recent Market Frenzy
The crypto market’s bullish wave has not only benefited 0x15b3. Other traders have also reaped remarkable profits through well-timed, high-risk plays.
One investor turned just $1,797 into over $1.4 million in 17 days by strategically accumulating the $MOONPIG token on Solana’s Pump.fun platform, using a dollar-cost averaging strategy.
In another example, a trader turned $500,000 into $3.8 million by buying the $NXPC token at launch for $0.152 and selling after a massive rally, utilizing advanced tools like bloXroute for anti-frontrun protection.
Similarly, a memecoin investor who put only $239 into $HOUSE saw their portfolio balloon to $2.15 million within a month.
These success stories highlight both the immense upside potential and the volatility of crypto markets, especially during strong bull runs driven by institutional capital and market-wide optimism.
Also Read: GrokCoin’s Top Investor Turns 18 SOL Worth $2,560 Into $203,000 Via $GROK Memecoin Trade