Author: Luka, Mars Finance

Recently, on the Hyperliquid platform, the "50x Heavyweight" (, whose address starts with 0xf3, has been nicknamed the "Insider" ) in the community. He has impressed the crypto market with his high-profile operations and impressive profits. Thanks to high leverage, precise timing, and a multi-platform strategy, he earned approximately 22 million dollars in a few months, including 2 million dollars that were stolen from the Hyperliquid HLP ( Hyperliquidity Provider ) through "overlapping" operations, which sparked lively discussions. This article will present a chronological order of his trading actions, a detailed analysis of his methods, a recalculation of profits and losses based on clearly closed positions, and a presentation of accumulated profits and losses in a table, as well as revealing the market and platform's reaction, depicting a unique crypto game.
Timeline and operational interpretation
March 3 -