0x49e9…e1d0 · Hyperliquid address profile

0x49e96e255ba418d08e66c35b588e2f2f3766e1d0View on Hyperliquid ↗

Not offered yetHigh frequency Mark-to-market cumulative profit $3.69M, ranked #228 site-wide.

Three things to check before following him

This address still holds
$18.28M
perps + spot + vaults + staking; perps account $0, no 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 $3.69M 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$4.83M$5.43M

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 ($-595K). The hatched band on the left is before our data starts (20250809); the exchange had him at $1.15M by then — that is why our number differs from other sites.

His account equity

Equity at start
$3.31M
2025-08-09
Equity now
$18.45M
2026-09-22
All-time high
$29.94M
now 62% of peak
P&L over the same span
$3.69M
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
$3.69M
Max drawdown
$8.00M
Profit vs equity
12.3%
vs his peak equity of $29.94M
Active
155 days

Where the money comes from

$3.69Mnetminus fees−$387K (8.95%)
xyz:SKHY$3.78Mxyz:MU-$2.28Mxyz:SPCX$1.67Mxyz:MSTR-$1.66Mxyz:CRCL-$1.49Mxyz:SNDK$1.45Mxyz:MRVL$1.29Mxyz:ORCL$1.24M

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

Funding is 106.2% 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

Size97Resilience13Maker22Funding99Consistency27Spread89axes = percentile among all (further out = more pronounced, not better)
#228top 2.9%2.14% 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

4.7
Out of every 10 positions, how many ended up green
1.28×
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.

Why copy trading is not open yet · High frequency
10,410 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.

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

xyz:SNDK Short$3.75M
2026-07-22 → 2026-07-29 · 8 days · 19,413 fills · peak $18.95M (78% of equity) ·
xyz:SKHY Long$1.86M
2026-08-03 → 2026-08-26 · 24 days · 21,934 fills · peak $25.19M (161% of equity) ·
xyz:SPCX Short$1.46M
2026-06-17 → 2026-06-29 · 13 days · 15,839 fills · peak $12.60M (96% of equity) ·

3 worst rounds

xyz:MSTR Short$-1.47M
2026-09-08 → 2026-09-22 · 15 days · 7,024 fills · peak $5.82M (31% of equity) ·
xyz:INTC Short$-1.39M
2026-08-28 → 2026-09-22 · 26 days · 5,834 fills · peak $16.22M (88% of equity) ·
xyz:MU Short$-1.22M
2026-06-09 → 2026-07-20 · 42 days · 52,533 fills · peak $13.27M (65% of equity) ·

All rounds (575 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
xyz:MSTRShort2026-09-08 → 2026-09-22157,02431%$-1.47M
xyz:SKHYLong2026-08-28 → 2026-09-222614,76190%$1.20M
xyz:INTCShort2026-08-28 → 2026-09-22265,83488%$-1.39M
xyz:MULong2026-09-17 → 2026-09-2041,0874%$-867K
xyz:SPCXLong2026-08-04 → 2026-09-144261,80075%$726K
xyz:HOODShort2026-08-24 → 2026-09-14225,64641%$-763K
xyz:CRCLLong2026-09-14 → 2026-09-1411,8210%$-933K
xyz:CRCLShort2026-09-04 → 2026-09-13102,43733%$887K
xyz:CRCLLong2026-08-31 → 2026-08-3111,8301%$-728K
xyz:CRCLShort2026-08-26 → 2026-08-3054,05435%$872K
xyz:NVDALong2026-08-26 → 2026-08-2614,84315%$-692K
xyz:SKHYLong2026-08-03 → 2026-08-262421,934161%$1.86M
xyz:GOOGLShort2026-08-24 → 2026-08-2525944%$701K
xyz:NVDAShort2026-08-24 → 2026-08-2522,5002%$682K
xyz:CRCLShort2026-06-09 → 2026-08-187124,86529%$-672K
xyz:MRVLShort2026-06-11 → 2026-08-126312,09956%$1.27M
xyz:ORCLShort2026-06-09 → 2026-08-06598,71739%$927K
xyz:INTCShort2026-07-07 → 2026-08-02277,38642%$1.06M
xyz:SNDKLong2026-07-30 → 2026-07-3016,34014%$-1.83M
xyz:SKHYLong2026-07-30 → 2026-07-3015,295113%$1.11M
xyz:MULong2026-07-30 → 2026-07-3012,5583%$-1.19M
xyz:SNDKShort2026-07-22 → 2026-07-29819,41378%$3.75M
xyz:MUShort2026-07-28 → 2026-07-2927,98065%$727K
xyz:MUShort2026-06-09 → 2026-07-204252,53365%$-1.22M
xyz:SNDKLong2026-07-17 → 2026-07-1934,5495%$-941K
xyz:SNDKShort2026-07-13 → 2026-07-1648,27742%$1.01M
xyz:SNDKLong2026-07-09 → 2026-07-1249,4236%$-700K
xyz:SNDKShort2026-07-01 → 2026-07-08812,864$1.04M
xyz:SPCXShort2026-06-17 → 2026-06-291315,83996%$1.46M
XPLShort2025-10-10 → 2025-10-1126858%$776K

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)$3.69M
Max drawdown (mark-to-market)$8.00M
Return (÷ true intraday peak exposure)4.6%
Profit vs his peak account equity12.3%
His peak account equity$29.94M
Resilience (P&L ÷ drawdown)0.46
Largest exposure held$80.73M
Open-to-flat rounds577
Spread across53 coins
Fills inside those rounds1,154,674
Typical round length3.0 days
Same-day in-and-out share0.3%
Taker share98.1%
Fills per day10,410.0
Days active155

Similar addresses

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.