What we do not know.

This page exists because it is missing everywhere else. It is updated when a limit is lifted, never shortened to make a better impression.

Known limits
LimitWhat it means for you
The rank is measured on the pastIt describes what happened. It predicts nothing, and we do not claim it carries forward.
No band is profitable on averageRanking well means losing less than the others, not winning.
We do not know who is behind an addressOne person may hold several; one address may be run by a program or by a group.
Top operators often act in groupsWe measure that they arrive early, without being able to say whether that is a coordinated fleet or privileged access to information.
The scope stops at the markets coveredActivity outside those markets does not appear in the report, and its absence is not an absence of activity.
A missing address is not an inactive addressIt may simply fall short of the minimum number of positions required, or operate elsewhere.
What we rule out

No custody

No funds, no keys, no orders. There is nothing to entrust to us, so nothing for us to lose.

No recommendations

We name no asset, no timing, no strategy.

No retention

Addresses looked up are not stored, not logged, not resold.

No negative claims

We never write "there is none", only "we did not find it in this source".