SanDisk ($SNDK) has been on a parabolic ride for months. Since its listing on Hyperliquid, it has pumped 5x. But this didn’t come for free. Some traders won millions, while others lost millions. On the winning side, @cbb0fe is sitting as the biggest winner, with $1.6M PNL. Interestingly, around $210k of that came from funding fees. Since he has been actively market making HIP-3 for months, this suggests he was probably short on IBKR, staying delta-neutral while farming funding. He’s followed closely by a sub-1k followers account. @yixie10 made more than $1.5M, with $790k realized and another $710k in uPNL. This whale was also the biggest participant in the Rage Trade LBP, one of the first Hyperliquid-native tokens, investing $600k there. On the losing side, we find @ContinueFund, the Chinese fund that sold millions of Hype at the bottom. They got liquidated twice, losing around $1M in total. He’s followed closely by @nmtd8. He’s down more than $1.2M, still unrealized, with a liquidation price of $1,733 on his short. Download the Markets app and track them all.