Hyperliquid trader’s 10x AAVE long shows 1,133% return after buying lower

A trader on Hyperliquid is sitting on a sharply profitable AAVE long, according to monitoring data cited by BlockBeats on Sept. 29. TradingBeats said the address, which begins with 0x08c1, currently holds about 21,800 AAVE long perpetual contracts on the platform. The position is running at 10x leverage, with an average entry price of roughly $80.89 and an unrealized profit of about $2 million. The monitored address had been adding to the position while AAVE traded at lower levels. TradingBeats said the wallet continued to accumulate during the downturn, building exposure before the token’s latest rise. At the time of the update, AAVE was quoted at around $172.54. That places the token up about 166% from the address’s early-June add-on average of roughly $64.77. Based on the reported 10x leverage, the position’s return reached about 1,133%. The figures reflect the position snapshot and price levels cited in the source at the time of publication.