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0x25c1…0423 · Hyperliquid address profile

0x25c1c9718d689f5543f90624a08b81fc28de0423View on Hyperliquid ↗ ·

CopyPosition trader Mark-to-market cumulative profit $7,596 (perps + spot, since 2026-02-06), ranked #5799 site-wide. All-time P&L on the exchange's own record (incl. spot, vaults, staking): $9,767.

Three things to check before following him

This address still holds
$1,125
perps + spot + vaults + staking; perps account $1,149, 15 open positions
Ever liquidated
Yes
63 times · $35K notional
Time since last trade
Traded today
last fill 2026-11-07

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 $7,596 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

$7,596$9,625

Three definitions on one axis: green = our mark-to-market ledger (perps + spot) · red = the exchange's public "closed P&L" · grey dashed = exchange all-in (also includes vaults and staking). The shaded gap is what closed-P&L misses ($-2,030). The hatched band on the left is before our data starts (20260206); the exchange had him at $0 by then — that is why our number differs from other sites.

His account equity

Equity at start
$1,758
2026-02-11
Equity now
$1,134
2026-11-07
All-time high
$7,077
now 16% of peak
P&L over the same span
$7,596
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. Account equity covers perps, spot, vaults and staking.

Cumulative P&L
$7,596
Max drawdown
$3,045
Profit vs equity
107.3%
vs his peak equity of $7,077
Active
275 days

Where the money comes from

$7,596net
ZEC$2,415BTC$1,444HYPE$876ETH$652SOL-$564TAO$510xyz:SPCX$407ENA$313
minus fees−$633 (7.31%)

Funding is -5.3% 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. Italic names are spot.

What kind of trader

Size22Resilience72Maker20Funding28Consistency17Spread93
$100 – $156: 23$156 – $245: 20$245 – $383: 44$383 – $599: 70$599 – $938: 120$938 – $1,468: 214$1,468 – $2,297: 257$2,297 – $3,594: 322$3,594 – $5,623: 311$5,623 – $8,799: 363$8,799 – $14K: 359$14K – $22K: 352$22K – $34K: 357$34K – $53K: 417$53K – $83K: 709$83K – $129K: 743$129K – $202K: 615$202K – $316K: 528$316K – $495K: 486$495K – $774K: 332$774K – $1.21M: 226$1.21M – $1.90M: 169$1.90M – $2.97M: 112$2.97M – $4.64M: 92$4.64M – $7.26M: 71$7.26M – $11.36M: 55$11.36M – $17.78M: 27$17.78M – $27.83M: 14$27.83M – $43.54M: 10$43.54M – $68.13M: 7$68.13M – $106.61M: 2$106.61M – $166.81M: 3$166.81M – $261.02M: 1$261.02M – $408.42M: 1$100$1K$10K$100K$1M$10M$100M$1B#5,799 of 7,432 · top 78.0%only 5,798 made more · 0.00% of #1

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 7,432 profitable addresses (log scale); the line is him — everyone to the right made more.

How he makes it

7.3
Out of every 10 positions, how many ended up green
1.02×
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 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.

3 most profitable rounds

ZEC Long$840
2026-08-19 → 2026-11-07 · 81 days · 45 fills · peak $3,216 (123% of equity) · —
ZEC Long$829
2026-04-18 → 2026-05-26 · 39 days · 22 fills · peak $2,197 (49% of equity) · —
ZEC Long$641
2026-02-06 → 2026-04-17 · 71 days · 52 fills · peak $2,411 (83% of equity) · —

3 worst rounds

SOL Long$-802
2026-10-05 → 2026-10-15 · 11 days · 16 fills · peak $13K (302% of equity) · —
XRP Long$-582
2026-10-07 → 2026-10-15 · 9 days · 13 fills · peak $9,237 (222% of equity) · —
PUMP Long$-310
2026-10-07 → 2026-10-15 · 9 days · 7 fills · peak $1,178 (28% of equity) · —

All rounds (213 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
SOLLong2026-10-23 → 2026-11-0716470%$-136—
WLDLong2026-10-15 → 2026-11-0724831%$-130—
TAOLong2026-08-19 → 2026-11-07813241%$334—
ZECLong2026-08-19 → 2026-11-078145123%$840—
HYPELong2026-08-19 → 2026-11-07811221%$213—
ETHLong2026-03-13 → 2026-11-072405596%$598—
BTCShort2026-10-20 → 2026-10-23421630%$248—
BTCLong2026-10-07 → 2026-10-15947597%$203—
XRPLong2026-10-07 → 2026-10-15913222%$-582—
PUMPLong2026-10-07 → 2026-10-159728%$-310—
SOLLong2026-10-05 → 2026-10-151116302%$-802—
ARBLong2026-09-27 → 2026-10-15191535%$-226—
WLDLong2026-09-08 → 2026-10-14371129%$271—
BTCLong2026-07-28 → 2026-10-046990212%$589—
LTCLong2026-09-23 → 2026-10-04121524%$178—
XRPLong2026-09-15 → 2026-10-02181224%$204—
SOLLong2026-09-16 → 2026-09-30151134%$220—
NILLong2026-09-23 → 2026-09-2421615%$248—
AVAXLong2026-09-20 → 2026-09-234626%$213—
STRK↗Long2026-04-23 → 2026-09-071382325%$207—
ENALong2026-08-06 → 2026-09-01273261%$215—
XRPLong2026-08-20 → 2026-09-011359%$144—
xyz:SPCXLong2026-07-30 → 2026-08-1517627%$269—
xyz:SPCXLong2026-06-12 → 2026-07-01209129%$138—
SOLLong2026-06-11 → 2026-06-27174117%$156—
ZECLong2026-04-18 → 2026-05-26392249%$829—
HYPELong2026-05-08 → 2026-05-26191024%$392—
BTCLong2026-03-18 → 2026-05-18624766%$147—
TIA↗Long2026-05-06 → 2026-05-1510713%$188—
ZECLong2026-02-06 → 2026-04-17715283%$641—

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.

Every number

Cumulative P&L (mark-to-market)$7,596
Max drawdown (mark-to-market)$3,045
Return (÷ true intraday peak exposure)17.8%
Profit vs his peak account equity107.3%
His peak account equity$7,077
Resilience (P&L ÷ drawdown)2.49
Largest exposure held$43K
Open-to-flat rounds259
Spread across83 coins
Fills inside those rounds2,170
Typical round length8.0 days
Same-day in-and-out share17.8%
Taker share98.4%
Fills per day10.8
Days active275

Similar addresses

0xfce053a5e461683454bf37ad66d20344c0e3f4c0 · 0x9c16bc8f1104e4d2f72267eb981fa12de7cc4a6f · 0xf62edeee17968d4c55d1c74936d2110333342f30 · 0xd7a678fcf72c1b602850ef2f3e2d668ec41fa0ed · 0xac26cf5f3c46b5e102048c65b977d2551b72a9c7 · 0x7de07bb8a43c1953a019906cf2c8287dae478be9

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.