The savvy trader locked in more than $2.5 million in a long Starknet position opened three days ago. He rotated into HYPE with a 10x long worth approximately $2.98 million. Hyperliquid’s token could be poised for a rally.
Despite the current widespread bearish mood, smart money participants are celebrating gains that are supporting Bitcoin near the $95,000 level.
A trader is attracting attention for his high-stakes leveraged bets.
According to on-chain tracker Lookonchain, the player secured over $2.5 million in profits with a well-timed long on Starknet (STRK) three days ago.
Most interestingly, he has turned his attention to a new position, going long on Hyperliquid’s HYPE with significantly higher leverage of 10x.
Smart Trader 0xbbc0 opened a 5x long for $29.5M $STRK ($6.7M) 3 days ago and has now made over $2.5M in profit.
Four hours ago, he also opened 10x long at $77,598 $HYPE($298M). https://t.co/pQAjmsQNjH pic.twitter.com/WQYjrNeJGL
— Lookonchain (@lookonchain) November 17, 2025
The flurry of moves comes as uncertainty grips the financial landscape, with most traders opting for wait-and-see and caution.
Meanwhile, recent trades have increased optimism among HYPE holders as a sign of confidence in the altcoin’s near-term upside potential.
STRK long that hit the target
According to blockchain data, the wallet opened a 5x long position in 29.5 million Starknet tokens three days ago, worth about $6.7 million.
The player joined the club at a time when STRK was starting to establish a short-term base.
Digital tokens have continued to gain attention recently due to ecosystem upgrades, a booming staking market, and uncertainty leading to overall market declines.
Currently, 900 million STRK is staked on Starknet.
This represents approximately 20% of the circulating supply and represents a 100% increase in STRK staked from the previous quarter.
acceleration. pic.twitter.com/3thNY1Hk2x
— Starknet (BTCFi Arc) 🥷 (@Starknet) November 14, 2025
As fear paralyzed the crypto sector, many hesitated, but smart traders got in before the short bull market started and rode a clean uptrend.
As Starknet’s recovery expands, his profits exceed $2.5 million, up 30% in the past seven days.
STRK is trading at $0.2104 after falling 8% in the past 24 hours amid widespread weakness and profit-taking after a recent rally.
Will HYPE make a comeback after the POPCAT scandal?
A few hours after the STRK return appeared on the tracker, this trader entered a new position, long 77,598 HYPE worth approximately $3 million with significantly higher leverage of 10x.
The timing attracted attention.
Hyperliquid has been one of the most high-profile DEXs in the last week after the platform’s withdrawals were temporarily halted due to POPCAT operations.
HYPE endured a significant bear market following the event, losing over 10% of its value over the past week.
Enthusiasts believe HYPE is poised for a recovery as the exchange manipulation controversy is resolved, as wallet transactions have become a sentiment indicator of sorts.
Commitment of approximately $2.98 million to be 10x long underscores belief in a short-term uptrend amid broader market struggles.
HYPE has been relatively stable over the past 24 hours, trading at $38.41, down just 1.40%.
Technical indicators are showing a neutral status as HYPE focuses on its next move.
The moving average convergence divergence remained relatively flat with the signal line on the hourly chart.
Also, a relative strength index of 48 suggests indecision.
For now, market participants are waiting to see if smart whales provide a reliable signal.
If his history is anything to go by, HYPE could be poised for a short-term bounce back.
