Top Trader Report - July '25


📢 The "Top Traders Monthly Report - July '25'' is out now! 🚀
Featuring curated, consistently profitable traders from the Binance and Hyperliquid Leaderboards.
We'll reveal key stats and insights that distinguish top traders in this competitive arena.
Let's explore the trading elites! 💪
Top 3 Traders of the Month - Overview
July 2025 highlights its top three traders of the month as follows:
🏆Trader 0x045 (Hyperliquid)
🥈0xtyle (Hyperliquid)
🥉Trader 0x8af (Hyperliquid)
Compared to June, July offered a more favorable trading environment, with a steady upward trend, limited drawdowns, and all major assets closing the month in positive territory. $ETH led with a +48% gain, followed by $SOL at +11.3% and $BTC at +7.8%.
In this context, the top three traders all achieved eight-figure realized profits. Leading the month was 0x045 with $15.0M, followed by 0xtyle with $13.19M and 0x8af with $13.16M. Notably, 0xtyle also ranked among the top performers in June with $7.9M, bringing his two-month total to $22.9M.
Key metrics underline the different approaches taken:
0x045 closed only 7 positions, recording a profit factor of 33.4 and the highest average profit-to-drawdown ratio at 15.3. His average winning trade lasted 32 days, compared to just under 3 days for losing trades, with most profits coming from a $HYPE long opened in late March.
0xtyle was the most active, closing 52 positions across nearly 11k trades, achieving an 84.6% win rate, the highest profit factor at 33.7, and the shortest average holding period at 3 days.
0x8af, with a 58.3% win rate and 12 closed positions, posted a profit factor of 26.9, holding trades for an average of 30–35 days.
Trader Spotlight: 0x045
To understand 0x045’s July performance, it’s necessary to look back to late March, when he opened a long position on $HYPE that remained active for roughly four months. Throughout this period, his positioning stayed firmly long-biased, with notional exposure steadily increasing and peaking just under $12M in July. Aside from a minor initial drawdown, his PnL rose consistently, culminating in nearly $15M in realized gains by month-end.
As noted, $HYPE was the only materially significant position among the 7 closed in July, standing out for both its ~4-month holding period and its contribution to profits.
It accounted for virtually all of 0x045’s realized gains for the month, while the remaining symbols traded had negligible impact on his final PnL.
Trader Spotlight: 0xtyle
Like 0x045, 0xtyle maintained a predominantly long bias throughout the period. His typical long exposure was around $20M, but between late June and mid-July he scaled it up sharply to over $80M. Most of his profits were generated during this window, moving from near breakeven to +$8M within two weeks, and adding another +$6M over the final 10 days of July.
Of the 52 positions closed, 0xtyle traded a mix of major assets and meme-related coins across a range of market capitalizations. As noted, most of his activity occurred in the first half of July, during which he opened multiple positions.
By symbol, 0xtyle traded 20 assets and was profitable in all but two. His top three positions accounted for the bulk of gains: $ETH contributed $3.4M, $DOGE $2.5M, and $FARTCOIN $1.6M, totaling $7.5M, or roughly 57% of his monthly profits.
Trader Spotlight: 0x8af
Like the other top performers, 0x8af maintained a primarily long bias in the positions closed during July, with his largest exposure, similar to 0xtyle, concentrated in the first half of the month and peaking above $80M.
His PnL remained mostly flat from June through early July, but after beginning to close long exposure after July 10, it quickly rose to $10M and then to $13.2M by month-end.
0x8af traded only six symbols during the month, focusing mainly on L1s and other large-cap assets, with the exception of a few positions in the newly launched $PUMP.
Approximately 83% of 0x8af’s July profits came from $BTC, with the remainder generated by $ETH (+$1.4M) and $PUMP (+$1.1M).
Case Study - 0xtyle: From Strong to Exceptional
In June, we highlighted 0xtyle’s strong performance, marked by a 77% win rate over 83 closed positions, a profit factor of 8.5, and an average profit-to-drawdown ratio of 0.75. At the time, we noted that this last metric suggested a possible tendency to average down when trades moved against him, and we committed to tracking his execution over the coming months.
Of course, July’s results, aided by favorable market conditions, were even stronger. His win rate rose by 7.5 percentage points to 84.6%, and his profit factor increased from 8.5 to 33.7 (a 3.96x increase). Over 53 closed positions, his average win was $308k versus an average loss of $50k. Additionally, his average profit-to-drawdown ratio improved sharply from 0.75 to 3.06, pointing to an even more efficient execution profile.
PnL ($) distribution remained strongly positively skewed. The 1st percentile showed a loss of $146k, while the 99th percentile recorded a $2M gain, a 13.8x difference. Consistent with June, the majority of profits came from the bulk of his positions (+$11M from 98% of trades), with the remaining 2% accounting for $2.1M.
The same pattern was evident in ROI terms. The 1st percentile ROI was -6.7%, compared to +31.6% at the 99th percentile (4.7x). The 5th and 95th percentiles showed an even wider spread, from -2% to +21.2% (nearly 10x).
Eventually, this combination of a high win rate, skewed return distribution, and improved risk efficiency produced another exceptional month for 0xtyle, surpassing even June’s results.
Conclusion
July’s strong market backdrop created ideal conditions for directional strategies, and the top traders capitalized fully, posting significant gains. The data shows that while trading styles differed, a clear bias toward long exposure was the common driver of performance.
0x045’s results were almost entirely driven by a single $HYPE position held for around four months. 0xtyle combined high win rates with improved execution efficiency, achieving gains across 18 of 20 traded symbols. 0x8af focused on large-cap assets, with $BTC accounting for the majority of his profits.
Stay connected for more insights in the upcoming month's edition.
Follow our highlight traders on Twitter:
Trader 0x045: please if you know, let us know his twitter handle
Trader 0xtyle: likely corresponds to https://x.com/0xtyle, though we are not fully certain.
Trader 0x8af: please if you know, let us know his twitter handle
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