According to onchain analyst Ember, the trade on Hyperliquid (decentralized perpetual futures platform) opened at $575 and was closed at $956.
A trader on Hyperliquid (decentralized perpetual futures platform) closed a $21 million long position in Micron ($MU) and realized an $8.19 million profit, according to onchain analyst Ember. The position was entered at $575 and exited at $956. The trade highlights how large directional bets on onchain derivatives venues can generate outsized gains when price moves in the trader’s favor.