smartestmoney
Topped Binance's Coin-M leaderboard in 2023, then put the whole book into HYPE at genesis.
- Est. PnL
- ~$500M
- Location
- Singapore
- X signup
- Anonymous, self-taught discretionary futures trader who came through poker and US equities before crypto in 2017
- Went public in January 2023 and finished the year #1 all-time Coin-M PnL on Binance
- Full-port HYPE at Hyperliquid's TGE in December 2024
- Still holds about 6 million HYPE, near $480M at recent marks, most of it staked or lent on HyperEVM alongside a nine-figure perp long
Notable trades
ETH
2023
>$10M
About 2,339 ETH profit on ETH-only Coin-M over six months to November 2023; full-year Coin-M profit posted as past eight figures, combined perps since April 2023 also eight figures. The internal All Weather Fund book finished +110% against ETH +57% and BTC +77%.
ONDO
Feb–Mar 2024
~$1.3M est.
Starter long of 4.4M ONDO at $0.21 (~$924k) with the stop at $0.19, sold near $0.51. Two cents of risk for about thirty, which he posted as ~15R. He ran it as ONDO for the condo and was out before the token's later move toward $1–$2.
ETH
Aug 2024
~$2.4M est.
Closed 2,000 ETH of Coin-M bought into a dip near $2,200, after exiting around $3,400. The PnL figure is the round trip implied by those two prices, not a posted number.
HYPE
Dec 2024
~$480M held
Full-port HYPE at genesis. 2025 snapshots showed 8.06M HYPE, then 6.01M remaining after 1.95M was sold for $42.12M at a $22.05 average, with 2.45M of the remainder deployed across HyperEVM lending. The 6.01M still held marks near $480M at HYPE around $80.
HYPE
Oct 2025–Aug 2026
~$45M–$56M unreal.
1.38M HYPE long, roughly $98M–$108M notional, entered near $38.68 and held eight to ten months. The largest listed Hyperliquid position on the days it was printed.
Trading style
High timeframe, low trade count, concentrated size, which he calls PvE. In 2023 and 2024 that meant ETH Coin-M and a short alt list; since late 2024 it has meant HYPE and the Hyperliquid ecosystem. He borrows against HYPE on HyperEVM rather than selling it, and adds on dips with TWAPs.
The books he cites in public are Reminiscences of a Stock Operator, which he calls a favourite, and James Dalton on price, time and volume.
Controversies
0x4367…34e5 on the FTX withdrawal
September 2026
Withdrew 10,635 ETH from FTX on 7 November 2022, about 32 hours before the exchange suspended withdrawals on 8 November. The ETH left the FTX hot wallet for 0xeb2993a4e44291da4020102f6d2ed8d14b1cca4c.
A significant portion of the money that later bought his HYPE traces back to that withdrawal.
Quotes
“Price leads Narratives.”
“Biggest mistake traders make is to attempt to ascribe arbitrary numbers to fair value instead of accepting what the market is telling you about value via time, volume and price.”
Contributors
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