RRektrospect

0x4044570e13b5184f7eb2709de25a4eb766a4794c

0x4044...794c wallet audit

0x4044...794c audit. $66,978 realised trading PnL across 5 closed position cycles, using the latest 10,000 public fills from Mar 9, 2026 to Jul 10, 2026; older public fills may exist outside this audit.

limited sampleLimited sample: only 5 closed position cycles are visible in the data covered (Mar 9, 2026 to Jul 10, 2026). Raw metrics are shown, but behavioural conclusions stay caveated until there are at least 10 closed cycles. Classification basis: closed net pnl after fees available window.latest 10,000 fillsHyperliquid's public fills source is capped for very active wallets. This audit used the latest 10,000 public fills it could retrieve, covering Mar 9, 2026 to Jul 10, 2026. Older trades may exist outside this page, so lifetime claims are avoided.
ModeProfessional keeps the tone factual. Roast uses the same numbers but writes the commentary more sharply.
ProfessionalRoast
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Current account valueAccount value from Hyperliquid's public account state when this audit ran. This is a balance snapshot, not proof of lifetime deposits or withdrawals.$2,624,409latest 10,000 fills
Realised trading PnLClosed trading profit or loss after fees in the data covered: Mar 9, 2026 to Jul 10, 2026. Deposits and withdrawals are not counted as PnL. Older public fills may exist outside this audit.$66,978+2.6%
Max drawdownLargest fall from a previous balance high to a later low inside the data covered: Mar 9, 2026 to Jul 10, 2026.-67.2%5 closed position cycles
Win rateShare of closed position cycles that ended positive. Profit factor compares total winning realised PnL with total losing realised PnL.+60.0%2.61 profit factor
Total volumeGross notional traded across 10,000 reconstructed public fills. A position cycle can contain many individual fills.$79,184,50813 position cycles
Trading PnL vs transfersRealised trading PnL comes from Hyperliquid closed-fill profit and loss. Deposits and withdrawals can change account value, but they are not counted as trading PnL here.

The dollar PnL is the realised result from closed trades in the data covered. The percentage uses an inferred starting value (current account value $2,624,409 minus closed trading PnL $66,978 = starting estimate $2,557,431). This audit does not ingest a deposit or withdrawal ledger, so it can show that trades lost money, but it cannot prove whether the owner also moved funds in or out. Older fills may also exist outside the latest 10,000-fill window.

Data coveredHyperliquid's public fills source is capped for very active wallets. This audit used the latest 10,000 public fills it could retrieve, covering Mar 9, 2026 to Jul 10, 2026. Older trades may exist outside this page, so lifetime claims are avoided.Mar 9, 2026 to Jul 10, 2026

This is not a fixed last-week or last-month period. It is the actual span covered by the latest 10,000 public fills Hyperliquid exposed for this wallet. Because the public fill source hit its cap, older trades may exist but are not included here.

Public fills
10,000
Position cycles
5 closed, 8 open
Limit
latest 10,000 fills only
Equity curveA historical line showing how the wallet balance moved across the data covered: Mar 9, 2026 to Jul 10, 2026. It is not a prediction.$2,624,409
latest fills onlyHyperliquid's public fills source is capped for very active wallets. This audit used the latest 10,000 public fills it could retrieve, covering Mar 9, 2026 to Jul 10, 2026. Older trades may exist outside this page, so lifetime claims are avoided.
Equity curve by date and account valueX-axis shows date. Y-axis shows account value in US dollars. The line starts at Apr 1 with $2.6M and ends at Jul 10 with $2.6M.Account value (USD)Date$2.6M$2.6M$2.6MApr 1Jun 24Jul 10
Audit summaryA short extract from the full trader analysis below. It is built from the stored numbers and evidence pack.What matters immediately
  • Data used: latest 10,000 public fills from Mar 9, 2026 to Jul 10, 2026; older public fills may exist outside this audit because the source hit its cap.
  • The sample is too small—five closed episodes across four instruments—to support behavioural conclusions or pattern inference.
  • The account is profitable in the data covered: $66,978 realised PnL (2.62%) on $11.2M gross closed volume, but fee drag of $4.56M consumed 85% of gross trading volume, leaving net realised PnL of $63,415 after execution costs.
Analysis readoutA plain-language interpretation layer from the trader analysis. Use the cards and tables below for the raw evidence.Strengths & weaknesses
  • Data used: latest 10,000 public fills from Mar 9, 2026 to Jul 10, 2026; older public fills may exist outside this audit because the source hit its cap.
  • The sample is too small—five closed episodes across four instruments—to support behavioural conclusions or pattern inference.
  • The account is profitable in the data covered: $66,978 realised PnL (2.62%) on $11.2M gross closed volume, but fee drag of $4.56M consumed 85% of gross trading volume, leaving net realised PnL of $63,415 after execution costs.
Trader analysisThis is the full written analysis for this wallet and mode. The metrics, flags, simulator, and tables below are the supporting evidence.Full trader analysis

Bottom line up front

Only the most recent public fills are visible, so this audit covers the data covered rather than full account history. The sample is too small—five closed episodes across four instruments—to support behavioural conclusions or pattern inference. The account is profitable in the data covered: $66,978 realised PnL (2.62%) on $11.2M gross closed volume, but fee drag of $4.56M consumed 85% of gross trading volume, leaving net realised PnL of $63,415 after execution costs. Two winning trades (BTC long, ZEC long) account for $104,877 of closed profit; two small losses on illiquid altcoins (SPCX, STRC) total $41,549. The sample is too small to isolate edge from variance.

What the data shows

Closed trades span 122 days from 9 March to 10 July 2026. The two profitable closed episodes were BTC long (entry 67,374.85, exit 69,111.0, +$65,620 over 550 hours) and ZEC long (entry 473.38, exit 494.67, +$39,257 over 55 hours). Both were directional longs held for days to weeks. The ZEC trade flagged averaging down during the hold, suggesting the position was scaled into weakness.

Two losses closed on 24 June: SPCX long exited at 155.91 with -$36,734 on a same-day entry (zero hold duration, $780k notional), and STRC long (entry 88.0, exit 83.25, -$4,815 over 22.76 hours). The SPCX trade appears to be a liquidation or forced exit with no entry price recorded; the STRC trade had an ATR 14 1H structural stop 2.11% away.

Fee drag is the dominant narrative. Gross fees paid total $4.56M against $79.2M gross volume, a 5.76% all-in fee rate. This is extraordinarily high and suggests either very high leverage turnover, funding costs on extended holds, or both. The BTC long alone accumulated $137,763 in data-covered funding costs; the HYPE position currently open has accrued $43,600 in funding. Realised PnL of $752,529 gross becomes $63,415 net after fees—a 91.6% haircut.

Trade quality

Win rate is 60% (3 wins, 2 losses in closed episodes). Profit factor cannot be computed from the available data without loss magnitude detail, but the two wins substantially outweigh the two losses in absolute terms. Expectancy is positive but heavily dependent on fee structure; the gross realised PnL per closed episode is $150,506, but net per episode is $12,683 after fees.

The fee burden is the binding constraint on account profitability. At current execution costs, the account must generate outsized gross PnL to survive. The two winning trades did so; the two losing trades did not.

Post-mortems

BTC long, 10 March – 1 April 2026: Entry 67,374.85, exit 69,111.0, +$65,620. Held 550 hours. ATR 14 1H structural stop 1.47% away. This trade worked: directional conviction on a major pair, held through a 1.47% stop distance, and exited profitably. No averaging or re-entry flags.

ZEC long, 7 July – 10 July 2026: Entry 473.38, exit 494.67, +$39,257. Held 55 hours. Flagged averaging down. MAE -4.67%, MFE +6.9%. ATR 14 1H structural stop 3.58% away. The position was scaled into a deepest decline in this window

Behaviour checksRule-based warnings found in the trading history. They are not moral judgements; they mark patterns worth reviewing.

Rule-based position-cycle checks
FOMO re-entryReopened the same market and direction soon after a winning close, but at a worse entry.
0

No matching position cycles in the data covered.

Averaging downAdded size while the position was already moving against the entry.
1
Examples
  • ZEC on Jul 7, 2026: added to the position; while it was already moving against entry; outcome $39,257.
Oversized loserA losing position cycle more than 3x the wallet's median closed loss.
0

No matching position cycles in the data covered.

Revenge tradeOpened a larger-than-normal position within one hour after a closed loss.
0

No matching position cycles in the data covered.

ExpectancyAverage result per closed position cycle after wins and losses are blended. Positive means each completed cycle added money on average.$13,395.67
Fees / realised PnLFees as a share of realised trading PnL. High values mean execution cost is eating a meaningful part of the edge.+606.4%
Maker fill rateShare of fills that added liquidity rather than crossed the spread. Higher maker share usually means more patient execution.+32.0%

Expectancy is not a forecast. It is the historical average result per closed position cycle in this reconstructed sample.

Risk simulatorA counterfactual replay of the same historical trades using fixed risk limits. It is for comparing risk shape, not predicting future returns.

Replays the same closed position cycles with 1%, 2%, and 4% account-risk sizing. It shows what the wallet would have made or lost if each eligible cycle was sized from account value at entry and a structural stop.

1% account-risk ruleThis scenario limits each eligible position cycle to about 1% of account value at the simulated stop.-$53,466
Max drawdownLargest high-to-low account-value drop inside this simulated replay.
-2.1%
Stopped earlyHow many historical position cycles would have exited before the real close because the simulated stop was hit.
3
2% account-risk ruleThis scenario limits each eligible position cycle to about 2% of account value at the simulated stop.-$106,931
Max drawdownLargest high-to-low account-value drop inside this simulated replay.
-4.2%
Stopped earlyHow many historical position cycles would have exited before the real close because the simulated stop was hit.
3
4% account-risk ruleThis scenario limits each eligible position cycle to about 4% of account value at the simulated stop.-$213,862
Max drawdownLargest high-to-low account-value drop inside this simulated replay.
-8.5%
Stopped earlyHow many historical position cycles would have exited before the real close because the simulated stop was hit.
3

The 1%, 2%, and 4% rules are account-risk limits per position cycle, not leverage settings. If the simulated stop is breached, the cycle is stopped early. Outputs are gross of fees and funding, so use them as risk-shape comparisons rather than exact alternate realised trading PnL.

Equity curve by date and account valueX-axis shows date. Y-axis shows account value in US dollars. The line starts at Mar 27 with $2.5M and ends at Jul 8 with $2.4M.Account value (USD)Date$2.5M$2.5M$2.4MMar 27Jun 26Jul 8

Top lossesThe largest realised losing position cycles in the data covered by this audit.

Click a row for the trade breakdown
MarketThe traded Hyperliquid market or coin.SideLong means the wallet benefited if price rose. Short means it benefited if price fell.SizeLargest notional exposure reached during the reconstructed position cycle.PnLRealised profit or loss when the position cycle closed.DateClosed date when available; otherwise the cycle open date.

Top winsThe largest realised winning position cycles in the data covered by this audit.

Realised position-cycle outcomes
MarketThe traded Hyperliquid market or coin.SideLong means the wallet benefited if price rose. Short means it benefited if price fell.SizeLargest notional exposure reached during the reconstructed position cycle.PnLRealised profit or loss when the position cycle closed.DateClosed date when available; otherwise the cycle open date.
BTClong$3,668,747$65,6202026-04-01
ZEClong$977,140$39,2572026-07-10
SOLshort$366,600$3,6502026-06-26

By marketBreaks the audit down by traded market or coin so you can see which markets helped or hurt the account.

Realised results by coin
CoinThe traded Hyperliquid market.CyclesClosed reconstructed position cycles for this market. One cycle can contain many fills.WinShare of that market's closed position cycles that ended positive.PnLRealised PnL attributed to this market's closed position cycles in the data covered by this audit.
BTC1+100.0%$65,620
ZEC1+100.0%$39,257
xyz:SPCX10.0%-$36,734
xyz:STRC10.0%-$4,815
SOL1+100.0%$3,650
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