0x85bc…586e · Hyperliquid address profile

0x85bc5ac5a6b712c8a7432be44646014bdb2a586eView on Hyperliquid ↗

⚠️ Understand firstDelta-neutral carryQuiet for 230 days Mark-to-market cumulative profit $15K, ranked #5584 site-wide.

Three things to check before following him

This address still holds
$0
This address holds nothing on Hyperliquid
Ever liquidated
No
No liquidation on record in this window
Time since last trade
230 days
last fill 2026-02-04

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 $15K 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$15K$15K

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 ($97). The hatched band on the left is before our data starts (20250727); the exchange had him at $114 by then — that is why our number differs from other sites.

His account equity

Equity at start
$5,045
2025-07-27
Equity now
$1
2026-02-04
All-time high
$39K
now 0% of peak
P&L over the same span
$15K
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
$15K
Max drawdown
$4,303
Profit vs equity
39.8%
vs his peak equity of $39K
Active
191 days

Where the money comes from

94.9%5.1%$15Knetminus fees−$358 (2.28%)
XPL$6,129BTC$4,516ETH$4,436PUMP-$1,019SOL$710FARTCOIN$576

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

Size29Resilience81Maker6Funding72Consistency85Spread29axes = percentile among all (further out = more pronounced, not better)
#5584top 70.9%0.01% 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

248 bps
Net profit per $10,000 traded

His positions rarely go flat. In 191 days he fully closed out only 8 times; the rest of the time he was adjusting an open position — 1,597 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.)

Understand this before following him · Delta-neutral carry
He buys spot and shorts the perp on PUMP 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.

Every number

Cumulative P&L (mark-to-market)$15K
Max drawdown (mark-to-market)$4,303
Return (÷ true intraday peak exposure)65.0%
Profit vs his peak account equity39.8%
His peak account equity$39K
Resilience (P&L ÷ drawdown)3.57
Largest exposure held$24K
Open-to-flat rounds8
Spread across6 coins
Fills inside those rounds1,597
Typical round length57.0 days
Same-day in-and-out share12.5%
Taker share100.0%
Fills per day38.0
Days active191

Similar addresses

0xecb63caa47c7c4e77f60f1ce858cf28dc2b82b00 · 0x880ac484a1743862989a441d6d867238c7aa311c · 0x7fdafde5cfb5465924316eced2d3715494c517d1 · 0xd47587702a91731dc1089b5db0932cf820151a91 · 0xa312114b5795dff9b8db50474dd57701aa78ad1e · 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

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.