Crypto Trader Banks $ 250 MIO

A trader who earned $ 38 million trading Last week’s plasma (Xpl) Volatility Secured another heft payday Monday, drawing $ 250 million on Release World Liberty Financial (Wlfi)a decentralized funding (Defi) Token attached to US President Donald Trump’s family.

Etherscan data shows that the wallet in question belonging to a trader known on Derivatives Platform Hyperliquid and X as Techno Revenant, invested $ 15 million in WLFI -Token sales last year before being distributed 1% of the total supply Monday worth around $ 250 million.

The nine-digit score comes after the trader earned $ 38 million on Hyperliquid last week, trading XPL as it spiked and wiped out $ 130 million in open interest in the futures market.

XPL/USD (TradingView)

WLFI began shopping on Monday and spiked at 40 cents before retiring to 25 cents in a roller coaster session that experienced more than $ 5 billion in trading volume.

While Techno Revenant quietly collected a $ 250 million payday, others were not as lucky as hackers ran a targeted phishing campaign against WLFI token holders.

Security experts noticed it as a “classic EIP-7702 phishing utilization” as hackers utilized a loophole tied to Ethereum’s recent pectra upgrade.

Read more: Holders of Trump’s crypto -token targeted by hackers in phishing -utilization

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