A trader who opened a long position on January 1, 2026, achieved success with 12 altcoins.

On the first day of 2026, according to Lookonchain data, a mysterious trader who opened a long position using all of their capital gained a realized profit of 2.85 million dollars. Kicking off the new year with a fast start, the trader opened their wallet address starting with 0xea66 by depositing 8 million dollars worth of USDC into the Hyperliquid platform. The trader executed long positions directly without splitting their positions.

Since that day, the total of 12 positions opened by the trader has been profitable. This aggressive strategy has achieved significant success even during a period of high volatility in the market. The assets chosen by the trader stood out as high-volume and speculative tokens, which contributed to the rapid profitability of the positions.

According to on-chain data observed, the trader's largest positions focused on XPL, IP, MON, STBL, and the meme coin category represented by PUMP. The individual position sizes ranged between 847 thousand dollars and 2 million dollars, while it was noted that all transactions exhibited a balanced distribution. Particularly, the profitable positions in the meme coin sector suggested that risk appetite quickly increased at the beginning of the year.

The fact that all transactions were leveraged long positions made the trader's move even more striking. Experts note that such "all or nothing" strategies rarely achieve this level of success. However, this example once again demonstrated the powerful results that can emerge when the right timing and market momentum combine.