0x652f…6331

How this record was built

This wallet has +$187,560.06 of perpetuals profit across 143 days of public trading, an average of +$1,311.61 a day. That average hides the shape of it, which is what the rest of this page is about.

They have moved $11.10M of volume to get there, keeping 1.69% of everything they traded. That is a healthy margin per dollar traded, which leaves more room for the slippage and fees a copier picks up.

What the losing stretches look like

The worst drop on this record is 45.5% of peak profit, severe, and the kind of stretch most people stop copying in the middle of. At the worst point they had handed back $107,679.50 of a $236,582.77 peak.

On timing, the longest stretch below a previous high ran 3 months, and they spent 82.8% of the record below a previous high. A copier joining at the wrong moment lives through that stretch from the start, with none of the gains that came before it to sit on.

Their worst single week was -$13,055.58. The best week was +$63,190.86.

How steady the returns are

Over the last 90 days the equity curve is close to a straight line, so recent results have been arriving at a fairly even rate (R² 0.89). The lumpier the line, the more the outcome depends on which week a copier happens to start.

6 of 19 weeks finished up, a 32% hit rate. Most weeks are losers, so the record rests on the winning weeks being much bigger. That is a real strategy, but it needs patience to sit through.

Risk-adjusted, weekly: Sharpe 2.48, Sortino 8.22, Calmar 40.15. These compare return against how bumpy the ride was, so a high return with a rough curve scores worse than the headline suggests.

Where the record stands today

Cumulative profit sits at 79.3% of its peak, well below its all-time high, which means this trader is in an open drawdown and has not yet recovered it.