A certain trader bought the dip in MINIMAX and saw a 710% gain, experiencing an 85% surge right after the initial position was opened.

August 13, according to TradingBeats (formerly Hyperinsight) monitoring, MINIMAX continued its uptrend today, currently trading at $47.79, with a daily gain of about 7.8%; a 9.7% increase since the last tracking. The 24-hour trading volume is around $6.65 million, with open interest value of about $13.07 million.

Earlier, the 0xcd98 whale address, which made a whopping 620% profit in 15 days, continued to accumulate. After the last tracking, the whale bought an additional 4736.1 MINIMAX, increasing its holdings to 73,500 tokens. The total investment amount increased from approximately $1.85 million to $2.045 million, and the average purchase price rose from $26.91 to $27.83.

As of the time of writing, the whale held approximately $3.512 million worth of long positions in MINIMAX with 10x leverage, with unrealized gains expanding to $1.467 million, an increase of about $322,000. The ROI rose to 717.6%, with a liquidation price of $26.75.

This address became active on July 23, receiving about 49,900 USDC and swiftly purchasing MINIMAX within two minutes. The current price of MINIMAX has risen by about 85% from its initial purchase price and 71.8% from the average holding price.

The on-chain Perp and address analysis tool TradingBeats is now live, supporting real-time viewing of Hyperliquid data, from address tracing to whale operations, providing in-depth analysis for a comprehensive overview.