- The profit made by the unidentified trader is estimated to be over 1,500 times the initial investment
- The trader used 10 Solana ($SOL) coins, which, at the time, were estimated at some $2,137, to purchase 22 million Hyperfy ($HYPER) tokens
- As $HYPER appreciated, the trader started taking profit and had, at the reporting time, sold 17.88 million $HYPER for 10,286 $SOL, estimated at $2.21 million
A smart cryptocurrency trader has become a millionaire after trading the newly launched Hyperfy (HYPER) token. The trader smartly turned an initial investment of $2,137 into over $3.2 million.
This massive profit is despite the general bearish market sentiment, given that the general crypto market had yet to recover from reduced liquidity caused by the holiday season fully.
The profit made by the unidentified trader is estimated to be over 1,500 times the initial investment. According to blockchain analytics firm Lookonchain, the trader made the profit within 10 hours.
How Hyperfy (HYPER) trader made $3.2 million with $2k in 10 hours
According to Lookonchain, the trader used 10 Solana ($SOL) coins, which, at the time, were estimated at some $2,137, to purchase 22 million Hyperfy ($HYPER) tokens. After that, the trader watched the coin move. As $HYPER appreciated, the trader started taking profit and had, at the time Lookonchain reported, sold 17.88 million $HYPER for 10,286 $SOL, estimated at $2.21 million. According to the Lookonchain, the trader still held 4.12 million $HYPER, estimated at $1.03 million when it was reported.
The trader’s selling patterns. Source: X/Lookonchain
In a post on social media platform X, formerly Twitter, Lookonchain wrote: “Turned $2,137 into $3.24M in just 10 hours—a 1,515x return! 10 hours ago, a trader spent 10 $SOL($2,137) to buy 22M $HYPER. Since then, the trader has been taking profits, selling a total of 17.88M $HYPER for 10,286 $SOL($2.21M) and still holding 4.12M $HYPER($1.03M).”
What is Hyperfy ($HYPER)
Hyperfy ($HYPER) is a metaverse token launched on January 6, 2025, which, by integrating AI agents, has distinguished itself from other metaverse platforms by enabling natural interaction and navigation in immersive environments. Hyperfy’s creative strategy has attracted much attention, including a noteworthy endorsement from ai16z's co-founder, who commended Hyperfy's intricate integration with the AI platform Eliza.
The trader’s activities. Source: X/Lookonchain
Where to buy Hyperfy ($HYPER) and exchanges to trade it
Hyperfy ($HYPER) tokens can be traded on decentralised exchanges, especially on Raydium. The most active $ HYPER trading pair is HYPER/SOL on Raydium, with a trading volume of $12,122,605 in the last 24 hours. Hyperfy ($HYPER) tokens can also so be traded on Meteora.
How crypto influencer was kidnapped and killed
Meanwhile, TheRadar earlier reported that on November 13, authorities in Montreal, Canada, said the dead body of a crypto influencer identified as Kevin Mirshahi was recovered. Local media reports revealed that the body was found at Île-de-la-Visitation park in Montreal’s Ahuntsic-Cartierville borough.
According to local media, The Gazette, a passerby discovered the decomposing body at the nature park around 10am on October 30. After the police were informed, an autopsy was conducted, and the body was identified as Kevin Mirshahi.
