20,000 followers big V, followers lost 12,000, he has 600 yuan in his own account

Last night, I browsed Gate Square and clicked into a verified trader's homepage.
22.1K followers, 470 days of signal sharing, hundreds of people watch the live stream every night.
First impression was quite impressive. But I looked at the copy trading data, and after reviewing it, I couldn’t sleep.
It’s not that the data is bad, but a few numbers together reveal something I can’t explain.
Copy trading capacity is 800 people, 24 are actively copying, 776 slots are empty.
Did 776 people not see him, or did they see but choose not to copy?
Scrolling down to the core data.
Win rate 46%. 302 trades, 139 wins, 163 losses. 470 days of signal sharing, win rate less than half—that’s no different from flipping a coin.
Return rate, -21.67% over 90 days.
Maximum drawdown 47.40%—close to halving.
Sharpe ratio -0.4—taking a risk that loses money.
But these three numbers combined are not as shocking as the last one.
Total profit and loss of followers: -12,882 USDT.
His own contract assets: 607 USDT.
The money lost by followers is 20 times his own assets.
I’m not here to stir trouble; everyone has losses sometimes. But there’s one thing I don’t understand—
A verified trader with 470 days of signals and 220k followers,
his own principal is only 600 yuan,
and his followers lost 12,000 yuan.
Is it his fault, or do followers not look at the data?
If it’s the former, the 776 empty slots already indicate a problem.
If it’s the latter, then remember one number—
12,000.
It’s not how much you earned.
It’s how much the people you follow, and their followers, collectively lost.
This number is more important than followers count, win rate, or return rate.
Before you copy trade, do you first check the total profit and loss of the trader you’re copying?$BTC #股票交易挑战最高赢17000U