0x48d6…487c · Hyperliquid address profile

0x48d603762adf3aa0be6f8c05f621451070a3487cView on Hyperliquid ↗

Not offered yetHigh frequency Mark-to-market cumulative profit $432K, ranked #1249 site-wide.

Three things to check before following him

This address still holds
$546K
perps + spot + vaults + staking; perps account $82K, 1 open positions
Ever liquidated
No
No liquidation on record in this window
Time since last trade
Traded today
last fill 2026-09-22

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 $432K 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

$432K$445K

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 ($-13K). The hatched band on the left is before our data starts (20250824); the exchange had him at $0 by then — that is why our number differs from other sites.

His account equity

Equity at start
$86K
2025-08-27
Equity now
$531K
2026-09-22
All-time high
$572K
now 93% of peak
P&L over the same span
$432K
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
$432K
Max drawdown
$189K
Profit vs equity
75.5%
vs his peak equity of $572K
Active
95 days

Where the money comes from

$432Knetminus fees−$5,239 (1.14%)
IP$214KZRO$174KXMR$76KLTC-$64KASTER$15KPUMP$13KVIRTUAL-$13KPENGU$7,447

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

Funding is -5.1% 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

Size84Resilience64Maker30Funding26Consistency75Spread49axes = percentile among all (further out = more pronounced, not better)
#1249top 15.8%0.25% 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

359 bps
Net profit per $10,000 traded

His positions rarely go flat. In 95 days he fully closed out only 13 times; the rest of the time he was adjusting an open position — 3,983 fills in that span.

This is not missing data — there are no rounds to count. A win rate needs discrete trades you can score one by one, and his position never closes. So we show how much profit each dollar of volume produced instead. (Leverage inflates this number.)

Why copy trading is not open yet · High frequency
142 fills per day. Mirroring this account needs order placement at his speed and fees low enough not to eat the thin per-trade margin. That is an execution-layer problem, and we have not wired it into copy trading yet.

His positions rarely go fully flat, so there is no "every round" table above — a round-trip win rate would not mean anything for him. But 1 of his positions did open and close cleanly, and those can be unfolded fill by fill:

ZRO

Free for 7 days when you connect a wallet.

Every number

Cumulative P&L (mark-to-market)$432K
Max drawdown (mark-to-market)$189K
Return (÷ true intraday peak exposure)45.6%
Profit vs his peak account equity75.5%
His peak account equity$572K
Resilience (P&L ÷ drawdown)2.29
Largest exposure held$946K
Open-to-flat rounds13
Spread across13 coins
Fills inside those rounds3,983
Typical round length8.5 days
Same-day in-and-out share23.1%
Taker share94.6%
Fills per day142.2
Days active95

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0x5b5d51203a0f9079f8aeb098a6523a13f298c060 · 0x2ea18c23f72a4b6172c55b411823cdc5335923f4 · 0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1 · 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41 · 0x418aa6bf98a2b2bc93779f810330d88cde488888 · 0x15a4f009bb324a3fb9e36137136b201e3fe0dfdb

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.