the kimchi experiment

Exits

every closed position, largest multiple first.

WALLETENTRY COSTEXIT VALUEMULTIPLEPAID (SOL)CLOSED
MEASUREVALUE
largest multiple
median multiple
share of exits above ×1
total paid
mean time open (hours)
×0–×0.5×0.5–×1×1–×2×2–×5×5–×10×10–×20×20+

fig. 2 · Where closed positions landed. A bar is the number of wallets whose one exit fell in that range of multiples.

The multiple is the only number a retired wallet keeps. It is exit value over entry cost, both in US dollars at the prices reported for those two transactions, and it is written once at the moment the position closes. There is no second exit to average it with. The distribution on this page is therefore a record of decisions, one per wallet, that cannot be revised.