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.
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.
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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