0x54d7…4b98 · Hyperliquid address profile

0x54d796f92c566372ca09d8d22868d675935b4b98View on Hyperliquid ↗

Not offered yetHigh frequencyQuiet for 369 days Mark-to-market cumulative profit $1.44M, ranked #471 site-wide.

Three things to check before following him

This address still holds
$0
This address holds nothing on Hyperliquid
Ever liquidated
Yes
3 times · $34K notional
Time since last trade
369 days
last fill 2025-09-18

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 $1.44M 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

$1.44M$1.29M

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 ($145K). The hatched band on the left is before our data starts (20250823); the exchange had him at $0 by then — that is why our number differs from other sites.

His account equity

Equity at start
$29.50M
2025-08-27
Equity now
$17.69M
2025-09-18
All-time high
$29.50M
now 60% of peak
P&L over the same span
$1.44M
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
$1.44M
Max drawdown
$4.41M
Profit vs equity
4.9%
vs his peak equity of $29.50M
Active
27 days

Where the money comes from

88.1%11.9%$1.44Mnetminus fees−$29K (2.01%)
ETH$1.83MWLFI-$284KXPL-$115K

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

Funding is 11.9% 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

Size94Resilience8Maker74Funding84Consistency84Spread16axes = percentile among all (further out = more pronounced, not better)
#471top 6.0%0.83% 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

127 bps
Net profit per $10,000 traded

His positions rarely go flat. In 27 days he fully closed out only 3 times; the rest of the time he was adjusting an open position — 4,138 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
690 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 number

Cumulative P&L (mark-to-market)$1.44M
Max drawdown (mark-to-market)$4.41M
Return (÷ true intraday peak exposure)2.8%
Profit vs his peak account equity4.9%
His peak account equity$29.50M
Resilience (P&L ÷ drawdown)0.33
Largest exposure held$51.11M
Open-to-flat rounds3
Spread across3 coins
Fills inside those rounds4,138
Typical round length7.0 days
Same-day in-and-out share0.0%
Taker share44.6%
Fills per day689.7
Days active27

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.