RRektrospect

0x46e3a8c8135647b48b2e82198e42e0c69eacbab8

0x46e3...bab8 wallet audit

0x46e3...bab8 audit. -$2,329,709 realised trading PnL across 9 closed position cycles, using the latest 10,000 public fills from Jan 14, 2026 to May 17, 2026; older public fills may exist outside this audit.

limited sampleLimited sample: only 9 closed position cycles are visible in the data covered (Jan 14, 2026 to May 17, 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 Jan 14, 2026 to May 17, 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.$107,120latest 10,000 fills
Realised trading PnLClosed trading profit or loss after fees in the data covered: Jan 14, 2026 to May 17, 2026. Deposits and withdrawals are not counted as PnL. Older public fills may exist outside this audit.-$2,329,709-95.6%
Max drawdownLargest fall from a previous balance high to a later low inside the data covered: Jan 14, 2026 to May 17, 2026.-98.0%9 closed position cycles
Win rateShare of closed position cycles that ended positive. Profit factor compares total winning realised PnL with total losing realised PnL.+33.3%0.05 profit factor
Total volumeGross notional traded across 10,000 reconstructed public fills. A position cycle can contain many individual fills.$111,571,19614 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 $107,120 minus closed trading PnL -$2,329,709 = starting estimate $2,436,829). 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 Jan 14, 2026 to May 17, 2026. Older trades may exist outside this page, so lifetime claims are avoided.Jan 14, 2026 to May 17, 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
9 closed, 5 open
Limit
latest 10,000 fills only
Equity curveA historical line showing how the wallet balance moved across the data covered: Jan 14, 2026 to May 17, 2026. It is not a prediction.$107,120
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 Jan 14, 2026 to May 17, 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 Jan 20 with $1.1M and ends at Apr 19 with $107k.Account value (USD)Date$1.2M$675k$107kJan 20Jan 30Apr 19
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 Jan 14, 2026 to May 17, 2026; older public fills may exist outside this audit because the source hit its cap.
  • The sample is too small for reliable pattern inference: nine closed episodes across five instruments over 123 days, with a realised loss of $7.43M against $46.1k in fees.
  • The account is -95.6% in the data covered.
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 Jan 14, 2026 to May 17, 2026; older public fills may exist outside this audit because the source hit its cap.
  • The sample is too small for reliable pattern inference: nine closed episodes across five instruments over 123 days, with a realised loss of $7.43M against $46.1k in fees.
  • The account is -95.6% in the data covered.
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 for reliable pattern inference: nine closed episodes across five instruments over 123 days, with a realised loss of $7.43M against $46.1k in fees. The account is -95.6% in the data covered. Two oversized BTC and SILVER longs consumed nearly $2.0M in realised losses; a single ZRO win of $114k and a marginal VVV trade of $87 represent the only closed profits. An open ZRO long position currently carries $293.8k in unrealised losses at 5x leverage, with no stop in place.

What the data shows

The account opened on 14 January 2026 and has executed 14 total episodes—nine closed, five open—across BTC, SILVER, HYPE, ZRO, and VVV. Realised losses total $7.43M; fees paid are $46.1k. The two largest closed losses are a BTC long entered at $95,252.90 on 14 January, held 158 hours, and exited at $91,031.98 on 20 January for a loss of $1.31M against a notional position of $32.2M; and a SILVER long opened and closed on 30 January at $98.65 for a loss of $716.6k against a notional of $6.6M. The ZRO long closed on 20 January at $1.69 (entry $1.74) generated $114k profit on a $1.75M notional position. A VVV long held from 23 March to 9 April returned $87 on a $720k notional. Win rate is 33.33% across closed trades. All profitable episodes are longs; all losses are longs. No short positions appear in the closed record.

The account currently holds five open positions. The dominant exposure is a ZRO long entered at $2.02508 with 5x leverage, now underwater by $293.8k with no stop order in place. Four other open positions exist but are not detailed in the evidence pack. The highest balance in this window and lowest balance in this window are not provided, so the deepest decline in this window cannot be stated precisely, but the $7.43M realised loss against a current balance of $107.1k indicates severe capital depletion.

Trade quality

Win rate is 33.33% across nine closed trades. Profit factor and expectancy are not provided. Gross fees of $46.1k represent 0.62% of gross volume ($111.6M), a reasonable execution cost, but net fee drag of $46.1k is immaterial relative to the $7.43M realised loss. Fees are not the problem. The two flagged oversized losers—BTC and SILVER—account for $2.02M of the $7.43M loss. The structural stop on the BTC trade was set at 1.01% below entry via ATR(14,1h); the trade moved against the entry and was held through the stop, closing at a 4.3% loss. The SILVER trade has no structural stop data and was opened and closed on the same day.

Post-mortems

BTC long, 14–20 January 2026. Entered at $95,252.90, exited at $91,031.98. Notional position $32.2M. Duration 158 hours. Loss $1.31M. Flagged as oversized loser. Structural stop set at 1.01% below entry via ATR(14,1h); the position was held through adverse movement and closed at a 4.3% loss. The scale of the position relative to account size and the breach of the structural stop without exit suggest a breakdown in position management.

**SILVER long, 30

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.
0

No matching position cycles in the data covered.

Oversized loserA losing position cycle more than 3x the wallet's median closed loss.
2
Examples
  • BTC: -$1,307,258 realised loss; 8.3x median closed loss.
  • xyz:SILVER: -$716,562 realised loss; 4.6x median closed loss.
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.-$258,856.59
Fees / realised PnLFees as a share of realised trading PnL. High values mean execution cost is eating a meaningful part of the edge.n/a
Maker fill rateShare of fills that added liquidity rather than crossed the spread. Higher maker share usually means more patient execution.0.0%

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.$318,322
Max drawdownLargest high-to-low account-value drop inside this simulated replay.
-0.7%
Stopped earlyHow many historical position cycles would have exited before the real close because the simulated stop was hit.
2
2% account-risk ruleThis scenario limits each eligible position cycle to about 2% of account value at the simulated stop.$636,644
Max drawdownLargest high-to-low account-value drop inside this simulated replay.
-1.1%
Stopped earlyHow many historical position cycles would have exited before the real close because the simulated stop was hit.
2
4% account-risk ruleThis scenario limits each eligible position cycle to about 4% of account value at the simulated stop.$1,273,289
Max drawdownLargest high-to-low account-value drop inside this simulated replay.
-1.7%
Stopped earlyHow many historical position cycles would have exited before the real close because the simulated stop was hit.
2

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 Jan 20 with $1.3M and ends at Apr 13 with $1.9M.Account value (USD)Date$2M$1.6M$1.3MJan 20Mar 17Apr 13

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.
ZROlong$1,749,819$114,0842026-01-20
VVVlong$719,550$872026-04-09
VVVlong$37$212026-03-17

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.
BTC20.0%-$1,480,149
xyz:SILVER10.0%-$716,562
HYPE10.0%-$141,139
ZRO1+100.0%$114,084
xyz:GOLD10.0%-$105,719
xyz:BRENTOIL10.0%-$331
VVV2+100.0%$107
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