RRektrospect

0xe4c6ae25959d7fc66cf2dd5965fb78c5e09c4048

0xe4c6...4048 wallet audit

0xe4c6...4048 audit. $225,853 realised trading PnL across 7 closed position cycles, using 2,943 public fills from Aug 4, 2025 to Apr 14, 2026.

limited sampleLimited sample: only 7 closed position cycles are visible in the data covered (Aug 4, 2025 to Apr 14, 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.Aug 4-Apr 14 dataThis audit used 2,943 public fills covering Aug 4, 2025 to Apr 14, 2026. The date range comes from the actual public fill and position-cycle timestamps, not a preset calendar period.
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.$787,560Aug 4-Apr 14
Realised trading PnLClosed trading profit or loss after fees in the data covered: Aug 4, 2025 to Apr 14, 2026. Deposits and withdrawals are not counted as PnL. This is the visible public fill history used by this audit.$225,853+40.2%
Max drawdownLargest fall from a previous balance high to a later low inside the data covered: Aug 4, 2025 to Apr 14, 2026.-100.0%7 closed position cycles
Win rateShare of closed position cycles that ended positive. Profit factor compares total winning realised PnL with total losing realised PnL.+85.7%28.21 profit factor
Total volumeGross notional traded across 2,943 reconstructed public fills. A position cycle can contain many individual fills.$32,865,07610 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 $787,560 minus closed trading PnL $225,853 = starting estimate $561,707). 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.

Data coveredThis audit used 2,943 public fills covering Aug 4, 2025 to Apr 14, 2026. The date range comes from the actual public fill and position-cycle timestamps, not a preset calendar period.Aug 4, 2025 to Apr 14, 2026

This is not a fixed last-week or last-month period. It is the actual span covered by the public fills used for this wallet, so the page should be read as 253 calendar days of visible trading history.

Public fills
2,943
Position cycles
7 closed, 3 open
Limit
public fill cap not hit
Equity curveA historical line showing how the wallet balance moved across the data covered: Aug 4, 2025 to Apr 14, 2026. It is not a prediction.$787,560
all visible fillsThis audit used 2,943 public fills covering Aug 4, 2025 to Apr 14, 2026. The date range comes from the actual public fill and position-cycle timestamps, not a preset calendar period.
Equity curve by date and account valueX-axis shows date. Y-axis shows account value in US dollars. The line starts at Aug 5 with $562k and ends at Mar 23 with $788k.Account value (USD)Date$788k$673k$558kAug 5Mar 13Mar 23
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: 2,943 public fills from Aug 4, 2025 to Apr 14, 2026; this is the actual visible trading span, not a preset last-week or last-month period.
  • The sample is too small to draw reliable conclusions about this account's edge or consistency.
  • Seven closed episodes over 253 days of activity yield a 85.71% win rate and $230,282 realised PnL after fees, but this result sits on a knife's edge: a single large loss (BTC long on 11 March, -$8,300 on a $2M notional position) and one dominant win (GOLD long on 23 March, +$115,446) account for the bulk of the narrative.
Analysis readoutA plain-language interpretation layer from the trader analysis. Use the cards and tables below for the raw evidence.Strengths & weaknesses
  • Closed-trade win rate of 85.71% is real but rests on a sample is too small to establish repeatable edge; two trades (GOLD and ETH) represent 77% of closed profit.
  • The open xyz:XYZ100 short position at 20× leverage with no stop in place and an unrealised loss of $497,537
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

The sample is too small to draw reliable conclusions about this account's edge or consistency. Seven closed episodes over 253 days of activity yield a 85.71% win rate and $230,282 realised PnL after fees, but this result sits on a knife's edge: a single large loss (BTC long on 11 March, -$8,300 on a $2M notional position) and one dominant win (GOLD long on 23 March, +$115,446) account for the bulk of the narrative. The account is currently short xyz:XYZ100 with 20× leverage and an unrealised loss of $497,537, which dwarfs the closed-trade profit and renders the historical win rate immaterial to current account standing.

What the data shows

Closed trades span four instruments: GOLD (1 episode, +$115,446), ETH (2 episodes, +$62,391), BTC (3 episodes, +$43,463), and MU (1 episode, +$4,552). The GOLD trade—opened and closed on 23 March 2026 over 3.69 hours—was flagged for averaging down and generated 5.04% of the account's current balance in a single position. The ETH short, held from 5 August 2025 to 18 March 2026 (5,407 hours), contributed $62,064 with no structural stop recorded. BTC produced three trades with a 66.67% win rate; the largest loss was the 11 March long entry at $69,981, exited at $69,672.71 after 0.41 hours, costing $8,300 on a $2.01M notional position.

Gross volume across all fills was $32.87M; net fees paid were $3,871.52, with net fee drag of $3,670.06. Realised PnL of $230,282 sits above the headline all-time PnL of $225,853, indicating a small net rebate environment or timing of fee recovery.

The open position—a 20× short in xyz:XYZ100 at entry price $25,713.97—carries an unrealised loss of $497,537. This single position is 2.2× larger than the entire closed-trade profit and has no stop in place. The account balance of $787,560 means the unrealised loss represents 63% of current equity.

Trade quality

Win rate of 85.71% across seven closed trades is a surface-level metric that obscures concentration risk. The two largest closed wins (GOLD and ETH) account for $177,510 of the $230,282 realised total; the BTC suite of three trades contributed $43,463. Gross fees of $3,871.52 on $32.87M volume (0.0118% fee rate) are immaterial to the closed-trade result, but the open position's funding costs and mark-to-market decay are not captured in historical metrics.

Post-mortems

BTC long opened 11 March 2026 at $69,981.27, exited 11 March 2026 at $69,672.71 after 0.41 hours. Max notional was $2.01M on 20× leverage. Structural stop was set 1.53% below entry (ATR 14 1H). Loss realised: $8,299.58. This was the largest closed loss and the only trade flagged in top_losses.

Honest summary

  • Closed-trade win rate of 85.71% is real but rests on a sample is too small to establish repeatable edge; two trades (GOLD and ETH) represent 77% of closed profit.
  • The open xyz:XYZ100 short position at 20× leverage with no stop in place and an unrealised loss of $497,537

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.
3
Examples
  • ETH on Aug 4, 2025: added to the position; while it was already moving against entry; outcome $327.
  • xyz:MU on Mar 7, 2026: added to the position; while it was already moving against entry; outcome $4,552.
+1 more matching cycle
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.$32,264.65
Fees / realised PnLFees as a share of realised trading PnL. High values mean execution cost is eating a meaningful part of the edge.+1.7%
Maker fill rateShare of fills that added liquidity rather than crossed the spread. Higher maker share usually means more patient execution.+40.1%

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.$20,299
Max drawdownLargest high-to-low account-value drop inside this simulated replay.
-0.3%
Stopped earlyHow many historical position cycles would have exited before the real close because the simulated stop was hit.
0
2% account-risk ruleThis scenario limits each eligible position cycle to about 2% of account value at the simulated stop.$40,598
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.
0
4% account-risk ruleThis scenario limits each eligible position cycle to about 4% of account value at the simulated stop.$81,196
Max drawdownLargest high-to-low account-value drop inside this simulated replay.
-1.3%
Stopped earlyHow many historical position cycles would have exited before the real close because the simulated stop was hit.
0

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 Aug 5 with $677k and ends at Mar 23 with $716k.Account value (USD)Date$716k$696k$677kAug 5Mar 11Mar 23

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.
xyz:GOLDlong$2,436,641$115,4462026-03-23
ETHshort$2,754,240$62,0642026-03-18
BTClong$3,686,100$39,9872026-03-13
BTCshort$2,948,000$11,7762026-03-16
xyz:MUlong$486,508$4,5522026-03-09

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.
xyz:GOLD1+100.0%$115,446
ETH2+100.0%$62,391
BTC3+66.7%$43,463
xyz:MU1+100.0%$4,552
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