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u/AlphaYou_net
2 days ago
Never seen a clean chart like this - A Hyperliquid wallet made $1M in 121 days with 0 losing weeks, and it doesn’t trade crypto.
I track a ranked list of Hyperliquid wallets and the one at the top looks strange to me.
0x1081e214bd6f0137234b92432d9b6033b88965b7 is the address.
What the record shows:
* 121 days of history, $1.04M of profit, $336.9K of it in the last 30 days
* 16 of 16 weeks profitable, 5 of 5 months profitable
* worst drop 0.77%, and it spent 2.4% of the time below its high
* even its worst week made $27.7K
* Sharpe of 13.9 (a measure of how smooth the gains are, above 2 is considered very good)
It isn’t trading BTC or ETH.
Its positions are in 2Y, USTECH, SMALL2000 and TLT, 114 open positions in total. Right now it’s short 2Y, long USTECH and short SMALL2000.
The account is about $1.10M with roughly 2x leverage across the book.
this looks closer to a systematic rates and index book than a crypto trader, which would explain why it’s so smooth.
That Hyperliquid lists those markets at all is the part I find interesting.
What I can’t tell: 121 days is 1 market regime, and 114 positions is a lot to manage by hand.
I don’t know what the strategy is or what happens when rates stop trending.