This address still holds
$1.44M
perps + spot + vaults + staking; perps account $14K, 2 open positions
0x05b51f53f09155478af947f0b6bfca30f2fc3aaaView on Hyperliquid ↗ ·
⚠️ Understand firstDelta-neutral carry Mark-to-market cumulative profit $88K, ranked #3520 site-wide.
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 $88K of profit can be sitting on an empty account, and the P&L figure alone will never tell you.
Three definitions on one axis: green = our mark-to-market ledger · red = the exchange's public "closed P&L" · grey dashed = exchange all-in. The shaded gap is what closed-P&L misses ($-27K). The hatched band on the left is before our data starts (20250801); the exchange had him at $-38K by then — that is why our number differs from other sites.
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.
Funding is 0.8% of gross. Fees are negative, so they are listed under the ring as a deduction rather than forced into the pie.
Within each bar: green = directional, amber = funding. Right of the line is profit, left is loss.
Axes are percentiles among all addresses — further out means more pronounced, not better.
All 6 axes are facts, not a score. The right chart is cumulative profit across all 7,902 profitable addresses (log scale); the line is him — everyone to the right made more.
One high and one low is the norm — either number alone misleads, so they are always shown as a pair.
Understand this before following him · Delta-neutral carry
He buys spot and shorts the perp on BTC at the same time, hedge ratio 1.00 (1.0 = fully hedged). He looks like a short here, but he is not betting on direction — he earns funding. Shorting alongside him copies only one of his two legs.
A round is one coin, from first entry until fully flat. The curve is that round's P&L in dollars at market prices.
Coins marked ↗ open the chart zoomed to that round. Unfold shows every fill: how he scaled in and how he got out.
| Coin | Side | From → to | Days | Fills | Peak % of equity | P&L | Unfold |
|---|---|---|---|---|---|---|---|
| BTC | Short | 2026-08-19 → 2026-10-09 | 52 | 25 | 11% | $-10K | — |
| PONS | Long | 2026-09-23 → 2026-10-09 | 17 | 60 | 2% | $-15K | — |
| HYPE | Long | 2026-09-26 → 2026-09-27 | 2 | 231 | 18% | $2,287 | — |
| STRK | Long | 2026-09-21 → 2026-09-22 | 2 | 69 | 1% | $-386 | — |
| PONS | Long | 2026-09-21 → 2026-09-22 | 2 | 132 | 1% | $982 | — |
| BTC | Short | 2026-06-21 → 2026-06-23 | 3 | 69 | 23% | $4,933 | — |
| HYPE | Long | 2026-06-04 → 2026-06-16 | 13 | 80 | 31% | $7,703 | — |
| xyz:SPCX | Short | 2026-05-29 → 2026-06-03 | 6 | 747 | 59% | $-465 | — |
| BTC | Short | 2026-05-03 → 2026-06-03 | 32 | 63 | 42% | $40K | — |
| HYPE | Long | 2026-06-02 → 2026-06-03 | 2 | 191 | 50% | $13K | — |
| xyz:AMZN | Long | 2026-05-28 → 2026-05-29 | 2 | 47 | 35% | $2,289 | — |
| xyz:SP500 | Short | 2026-05-26 → 2026-05-27 | 2 | 6 | 0% | $94 | — |
| PUMP | Long | 2026-05-06 → 2026-05-07 | 2 | 35 | 8% | $805 | — |
| xyz:SP500 | Long | 2026-05-01 → 2026-05-05 | 5 | 70 | 53% | $640 | — |
| BTC | Short | 2026-03-10 → 2026-04-28 | 50 | 106 | 54% | $-2,663 | — |
| xyz:CL | Long | 2026-04-12 → 2026-04-21 | 10 | 12 | 9% | $-3,461 | — |
| HYPE | Long | 2026-03-19 → 2026-04-13 | 26 | 139 | 38% | $19K | — |
| HYPE | Long | 2026-03-11 → 2026-03-13 | 3 | 33 | 53% | $8,227 | — |
| HYPE | Short | 2026-01-20 → 2026-03-10 | 50 | 92 | 17% | $-5,715 | — |
| BTC | Short | 2026-01-30 → 2026-01-31 | 2 | 15 | 14% | $421 | — |
| WLFI | Short | 2026-01-20 → 2026-01-29 | 10 | 16 | 7% | $212 | — |
| BTC | Short | 2026-01-20 → 2026-01-29 | 10 | 5 | 6% | $560 | — |
| FARTCOIN | Short | 2026-01-20 → 2026-01-29 | 10 | 18 | 7% | $1,017 | — |
| BTC | Long | 2026-01-05 → 2026-01-13 | 9 | 41 | 16% | $12 | — |
| xyz:GOLD | Short | 2026-01-05 → 2026-01-08 | 4 | 9 | 6% | $39 | — |
| XRP | Long | 2025-08-13 → 2025-08-29 | 17 | 32 | 14% | $-3,464 | — |
| ENA | Long | 2025-08-15 → 2025-08-22 | 8 | 10 | 7% | $50 | — |
| HYPE | Long | 2025-08-01 → 2025-08-08 | 8 | 14 | 3% | $181 | — |
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.
| Cumulative P&L (mark-to-market) | $88K |
| Max drawdown (mark-to-market) | $47K |
| Return (÷ true intraday peak exposure) | 7.8% |
| Profit vs his peak account equity | 5.4% |
| His peak account equity | $1.64M |
| Resilience (P&L ÷ drawdown) | 1.86 |
| Largest exposure held | $1.13M |
| Open-to-flat rounds | 61 |
| Spread across | 26 coins |
| Fills inside those rounds | 4,136 |
| Typical round length | 8.0 days |
| Same-day in-and-out share | 54.1% |
| Taker share | 42.1% |
| Fills per day | 50.4 |
| Days active | 239 |
0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36 · 0xecb63caa47c7c4e77f60f1ce858cf28dc2b82b00 · 0x880ac484a1743862989a441d6d867238c7aa311c · 0x7fdafde5cfb5465924316eced2d3715494c517d1 · 0xd47587702a91731dc1089b5db0932cf820151a91 · 0xa312114b5795dff9b8db50474dd57701aa78ad1e
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.