0x04c8…f7d2 · Hyperliquid address profile

0x04c8e82bbd0a33d3179e767c262223f50e74f7d2View on Hyperliquid ↗

Copyable nowPosition trader Mark-to-market cumulative profit $12K, ranked #5771 site-wide.

Three things to check before following him

This address still holds
$29K
perps + spot + vaults + staking; perps account $29K, 2 open positions
Ever liquidated
No
No liquidation on record in this window
Time since last trade
Traded today
last fill 2026-09-23

Those three numbers describe where he stands now. The curve below is a different thing — how much he made in the past. An address showing $12K of profit can be sitting on an empty account, and the P&L figure alone will never tell you.

Mark-to-market cumulative P&L

our ledger starts here$16K$23K

Three definitions on one axis: green = our mark-to-market ledger · red = the exchange's public "closed P&L" · grey dashed = exchange all-in. The shaded gap is what closed-P&L misses ($-7,621). The hatched band on the left is before our data starts (20250729); the exchange had him at $3,370 by then — that is why our number differs from other sites.

His account equity

Equity at start
$15K
2025-07-29
Equity now
$30K
2026-09-23
All-time high
$34K
now 88% of peak
P&L over the same span
$12K
from trading, deposits excluded

The green line above is how much he made trading (rebuilt from on-chain fills; deposits and withdrawals are invisible there). This amber line is how much money is in his account (from the exchange API, deposits included). Wherever the two diverge, he put money in or took money out. So "made a lot but little left" and "made little but holds a lot" are both possible and neither is strange.
⚠️ Equity is sampled weekly for anything older than a month (near-daily only recently); this line connects those points rather than measuring every day. ⚠️ It covers perps + spot + vaults + staking, not just the perps account.

Cumulative P&L
$12K
Max drawdown
$5,108
Profit vs equity
36.2%
vs his peak equity of $34K
Active
409 days

Where the money comes from

$12Knetminus fees−$1,014 (6.58%)
HYPE$7,654XPL-$6,037SOL$4,995ZEC$2,729ETH-$2,297PUMP$1,911DOGE-$1,075ARB$874

Within each bar: green = directional, amber = funding.

Funding is -16.8% of gross. Fees are negative, so they are listed under the ring as a deduction rather than forced into the pie.

What kind of trader

Size27Resilience66Maker40Funding11Consistency54Spread70axes = percentile among all (further out = more pronounced, not better)
#5771top 73.0%0.01% of #1

All 6 axes are facts, not a score: percentiles among all addresses. Further out means more pronounced, not better.

How he makes it

8.1
Out of every 10 positions, how many ended up green
0.41×
Average win vs average loss

One high and one low is the norm — either number alone misleads, so they are always shown as a pair.

Every round he traded

A round is one stretch of exposure in a single coin, from first entry until fully flat. Adding to or trimming a position does not start a new round; flipping long to short counts as two. So a single round can contain thousands of fills — both numbers are shown side by side so the pair reads consistently.
⚠️ "Days" counts days actually holding a position, which can be shorter than the span between the two dates. If he goes flat and later re-enters the same side, day-level segmentation cannot see the gap and treats it as one round (about 32% of rounds are like this). Rows where the span and the held days disagree carry a ~ after the day count; hover it for the exact gap. The curve is cumulative P&L in dollars at market prices for that round, not equity and not a percentage return: deposits and withdrawals are invisible on-chain, so no percentage can be computed. Same-day round trips are excluded here. Coin names carrying ↗ are clickable — they open that coin's candlestick chart with this wallet selected and the view zoomed to that exact round, so you can see where each add and trim landed. (Only for coins that have a chart page, and only when this wallet is on that page.)
The last column Unfold 🔒 is subscriber content: it lays out every single fill of that round in order, so you can see whether he sized in at once or scaled in, and whether he exited decisively or dragged it out. Available only for rounds that pass the filter (held 1–30 days, large enough P&L, flat at both ends). Free for 7 days when you connect a wallet — no payment needed.

3 most profitable rounds

HYPE Long$4,076
2025-08-03 → 2025-10-23 · 37 days · 142 fills · peak $16K (91% of equity) ·
SOL Short$3,199
2025-11-26 → 2026-07-25 · 45 days · 88 fills · peak $13K (52% of equity) ·
ZEC Short$2,139
2026-04-30 → 2026-06-05 · 37 days · 19 fills · peak $13K (60% of equity) ·

3 worst rounds

XPL Long$-6,037
2025-09-30 → 2026-04-02 · 185 days · 44 fills · peak $5,275 (26% of equity) ·
ETH Short$-4,057
2026-07-14 → 2026-09-23 · 62 days · 51 fills · peak $20K (67% of equity) ·
DOGE Long$-1,075
2025-10-08 → 2025-10-19 · 12 days · 6 fills · peak $5,081 (25% of equity) ·

All rounds (60 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
ETHShort2026-07-14 → 2026-09-2362~5167%$-4,057
BTCLong2026-09-23 → 2026-09-231583%$-2,423
BTCLong2026-05-31 → 2026-09-1788~84115%$1,546
PUMPShort2026-08-18 → 2026-08-21422981%$552
PUMPShort2026-01-14 → 2026-08-1615~4963%$792
SOLShort2025-11-26 → 2026-07-2545~8852%$3,199
HYPELong2026-06-01 → 2026-07-1414~8868%$607
ZECShort2026-04-30 → 2026-06-05371960%$2,139
BTCLong2026-04-27 → 2026-05-2523~4741%$476
XPLLong2025-09-30 → 2026-04-021854426%$-6,037
ETHShort2026-02-02 → 2026-04-0113~3137%$534
HYPEShort2026-03-13 → 2026-03-31193140%$471
HYPEShort2026-01-27 → 2026-02-1512~5222%$1,286
ZROShort2026-01-23 → 2026-01-296~2517%$350
HYPELong2025-12-14 → 2026-01-26444656%$-608
ETHShort2025-12-19 → 2026-01-2514~2529%$316
ETHShort2025-11-26 → 2025-12-1111~1232%$471
BTCShort2025-11-30 → 2025-12-119~2827%$382
HYPEShort2025-11-26 → 2025-12-0161724%$525
BTCLong2025-10-29 → 2025-11-2929~2361%$-485
HYPELong2025-11-17 → 2025-11-1821121%$244
TRUMPShort2025-10-28 → 2025-11-1214~3727%$557
HYPELong2025-11-03 → 2025-11-0531431%$381
HYPELong2025-08-03 → 2025-10-2337~14291%$4,076
DOGELong2025-10-08 → 2025-10-1912625%$-1,075
BTCLong2025-09-30 → 2025-10-023323%$225
SOLLong2025-08-21 → 2025-08-265~1130%$657
SUIShort2025-08-03 → 2025-08-15131126%$-369
BTCLong2025-07-31 → 2025-08-141517101%$439
SOLShort2025-07-29 → 2025-08-014964%$698

Two rounds can both say "made $1M" and be nothing alike: one held steady the whole way, another sat 50% underwater before recovering, a third earned everything on the final day. The number hides that; the curve shows it. Curves are drawn only for rounds held 5 days or longer — shorter ones have too few points to be honest. This is what already happened, not a forecast.

Every number

Cumulative P&L (mark-to-market)$12K
Max drawdown (mark-to-market)$5,108
Return (÷ true intraday peak exposure)17.3%
Profit vs his peak account equity36.2%
His peak account equity$34K
Resilience (P&L ÷ drawdown)2.39
Largest exposure held$71K
Open-to-flat rounds111
Spread across24 coins
Fills inside those rounds2,067
Typical round length8.0 days
Same-day in-and-out share45.9%
Taker share87.8%
Fills per day10.2
Days active409

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Where these numbers come from. Rebuilt from Hyperliquid's raw fill stream: each coin's position is cut into rounds from first entry to fully flat, then marked to the market price of every single day, plus funding, minus fees. Summing all 1.24M rounds reconciles to the daily mark-to-market P&L to 2.2e-16.

What this page is not. It describes how he made money in the past. It is not a claim that following him will make you money. We have never tested whether addresses near the top of this board do better next month — no evidence, no claim.