A trader on Hyperliquid has quietly turned a $6,800 account into more than $1.5 million in profits—all without making directional bets or chasing volatile price moves.

According to wallet data from address 0x6f90…336a, the trader began with just two deposits in early February 2024. 

Another Hyperliquid User Makes Legendary Trades

Decentralized perpetuals exchange Hyperliquid has been making headlines in Q2 due to the viral trading of James Wynn. The Bitcoin whale became the most famous degen among the crypto community in a short time.

While the James Wynn saga ended with a $100 million loss, another new trader has quietly emerged into the spotlight.

Over the last few months, the wallet ‘0x6f90…336a’racked up more than $20.6 billion in total trading volume, with the trader withdrawing profits along the way. 

The strategy hinges on placing market-making orders that earn small rebates from the exchange rather than trying to guess where prices will go.

A Quiet Giant: 3% of Hyperliquid’s Volume

On