According to @NFT5lut, their portfolio moved from a 50% drawdown to a 100% gain within two days, driven by a single successful trade; source: @NFT5lut on X, Nov 26, 2025. A 50% drawdown requires a 100% gain to return to prior equity, underscoring how one outsized position can dominate short-term PnL; sources: CFA Institute, Managing Investment Risk; Investopedia, Drawdown. Such rapid, high-magnitude swings are consistent with the fat-tailed return behavior seen in speculative assets, including cryptocurrencies; sources: Liu and Tsyvinski, Risks and Returns of Cryptocurrency 2018; Baur, Hong, and Lee, Bitcoin: Medium of Exchange or Speculative Assets? 2018.