Rolling Warehouse! From $125,000 to $25 Million
According to on-chain data analysis by Residual, the trader transferred funds from ChangeNOW and Kucoin to Hyperliquid in April, buying at ETH's annual low of $1,490, and subsequently extending the expiration date through "profit rolling", accumulating a position value of 66,000 ETH, with the highest position value reaching approximately $300 million.
Practitioners of Rolling Warehouse Strategy
High leverage is a shortcut to amplifying returns and a fuse for accelerating liquidation.
Previously, aggressive leverage has created many trading legends that shocked the community, such as PrimeXBT pulling Bitcoin leverage up to 500x and Ethereum to 400x.
@AguilaTrades expanded from $4.6 million to $15.9 million within two days, relying on reducing positions at high points to create a safety cushion.
James Wynn once leveraged meme coins to grow $3 million to $100 million, but was wiped out after taking a heavy long position on Bitcoin.
High leverage and rolling positions are not the biggest problem; the core issue is fund management and stop-loss mechanisms. Without a clear risk control framework, the end result will only be a quick return to zero.
*This is not investment advice. Rolling positions may be fun momentarily, but can lead to a market bloodbath. Please research carefully before making investment decisions.