0x6f9d…a03b

How this record was built

This wallet has +$248,021.49 of perpetuals profit across 108 days of public trading, an average of +$2,296.50 a day. That average hides the shape of it, which is what the rest of this page is about.

They have moved $4.58M of volume to get there, keeping 5.42% 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 40.1% 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 $104,004.43 of a $259,309.41 peak.

On timing, the longest stretch below a previous high ran 6 weeks, and they spent 53.2% 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 -$53,940.45. The best week was +$103,312.86.

How steady the returns are

Over the last 90 days the equity curve is reasonably steady, with visible flat and choppy patches (R² 0.72). The lumpier the line, the more the outcome depends on which week a copier happens to start.

10 of 14 weeks finished up, a 71% hit rate. More weeks win than lose, which tends to be easier to hold on to than a record built from a few large winners.

Risk-adjusted, weekly: Sharpe 2.81, Sortino 7.16, Calmar 141.32. 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 95.7% of its peak, a little below its all-time high, so the record is in a mild drawdown right now.