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ETC Long/Short Ratio (Hyperliquid)

How ETC traders on Hyperliquid are positioned: tracked accounts long vs short, position value long vs short, the split by position size and the largest positions, from real on-chain positions. Compare it with the Binance and Bybit ratios below.

55.9% of the 143 tracked Hyperliquid ETC positions are long (long/short ratio 1.27). By value, longs hold 54.7% ($2.84M long vs $2.35M short).

44,274 positions in 10,006 tracked walletsHyperliquid native perpsRefreshed every 2 minAs of 00:26 UTC

Accounts long143 tracked
55.9% long
Ratio 1.2780 long · 63 short
Value longby size
54.7% long
Ratio 1.21$2.84M$2.35M
Whales long$1.00M+ positions
—
0 long · 0 short
Coverage of ETC OItracked
39.4%
$5.19M tracked · $6.59M OI58.6% checked ≤ 15 min

ETC long/short: Hyperliquid vs Binance and Bybit

share long
SourceCountsShare longRatio
Hyperliquid (tracked)accounts 55.9%1.27
Hyperliquid (tracked)position value 54.7%1.21
Binanceaccounts 59.7%1.48
Bybitaccounts 68.5%2.17
Binance top tradersposition value 76.5%3.26

By position size

tracked ETC positions at the mark price
Position sizeLongShortAccounts longLong valueShort valueValue long
Under $10K6146 57.0%$143K$78K 64.6%
$10K–$100K1112 47.8%$360K$405K 47.0%
$100K–$1M85 61.5%$2.33M$1.87M 55.6%
$1M and up00—$0$0—

Largest tracked ETC positions

top 20 by size · all coins
WalletSideSizeEntryUnrealised PnLLiq. priceDistanceLeverageChecked
0x6754…d3a1 Short $629K 8.041 -$104K 12.668 +31.38% 5× cross 29 min ago
0x023a…2355 Short $546K 9.406 -$13K 233.99 +2326.67% 5× cross just now
0x3574…7227 Long $507K 9.500 $7,500 8.446 -12.41% 5× isolated 2 min ago
0x7717…bd7e Short $475K 9.669 $1,309 106.06 +999.94% 5× cross just now
0x065d…d8a0 Long $426K 9.564 $3,459 7.080 -26.57% 3× isolated just now
0xb315…cc25 Long $386K 7.727 $77K 6.735 -30.15% 5× cross 20 min ago
0x739c…cfb2 Long $337K 10.055 -$14K — — 5× cross 1 min ago
0xc69a…b34c Long $289K 9.154 $15K — — 5× cross 25 min ago
0x12f4…9fbc Long $153K 9.484 $2,500 — — 5× cross 18 min ago
0xf28f…5a42 Long $133K 9.181 $6,378 6.806 -29.42% 3× isolated 25 min ago
0x47f5…b942 Short $113K 9.603 -$463 116.06 +1103.67% 5× cross 1 min ago
0x6dd3…46b7 Short $103K 9.393 -$2,650 69.811 +624.00% 5× cross 14 min ago
0xb14d…8560 Long $102K 9.560 $868 5.335 -44.67% 2× isolated 25 min ago
0x8482…9d07 Short $99K 11.930 $23K 21.309 +120.99% 5× cross 8 min ago
0x0d6a…ca57 Long $75K 8.530 $8,694 6.347 -34.18% 3× isolated just now
0x1199…61af Long $73K 10.171 -$3,992 3.905 -59.50% 2× cross 4 h ago
0x0d43…c930 Short $57K 9.069 -$3,388 163.89 +1599.65% 5× cross 11 min ago
0x8fb5…eaa4 Short $54K 9.690 $267 146.60 +1420.37% 5× cross 21 min ago
0x34a6…6680 Long $48K 8.501 $5,709 — — 5× cross 29 min ago
0x8050…28de Short $39K 9.496 -$590 44.113 +357.49% 5× cross 4 min ago

Tracker coverage and freshness

all Hyperliquid perps · 44.2% of OI
TierWalletsWith positionsTracked valueTarget cycleActual cycle
A300300$8.32B60 s60 s
B3,0003,000$2.99B15 min29 min
C45,3456,706$341.81M4 h15 h

Tier A is the 300 wallets with the largest positions; B the next ones; C everyone else. Hyperliquid's API rate limit decides how often the smaller tiers can be checked, so their actual cycle can be longer than the target. Coverage is tracked value ÷ (2 × Hyperliquid open interest); 37.4% was checked in the last 15 minutes. Wallets not checked for 48 hours are left out of this page.

How to read it. The accounts figure counts each tracked account with an open ETC position once; the value figure weighs positions by size. Binance and Bybit publish their own ratios for all their users; the Hyperliquid figures here are computed from the public positions of the wallets this site tracks. Not financial advice.

ETC Hyperliquid long/short ratio FAQ

How is the Hyperliquid ETC long/short ratio calculated?

From the real open positions of the Hyperliquid wallets this site tracks. The accounts ratio counts every account with an open position once: the number of accounts long divided by the number short. The value ratio weighs positions by size at the mark price, so a few large traders can outweigh many small ones.

How is it different from the Binance or Bybit long/short ratio?

Binance and Bybit publish their own ratios; you have to trust their numbers. Hyperliquid is an on-chain exchange, so its positions are public and this ratio is computed directly from them. It covers the wallets this site tracks, not every account, so it is a large sample rather than the full market.

How much of ETC open interest does this cover?

The tracked ETC positions add up to 39.4% of ETC's open interest on Hyperliquid (tracked long plus short value divided by twice the open interest, since every long has a matching short).

How often does it update?

The positions are reloaded every 2 minutes. The 300 largest wallets are re-checked every minute, smaller ones every few hours, and wallets not checked for 48 hours are left out.

Is a high long/short ratio bullish?

Not on its own. Crowded positioning can unwind sharply: a market where most accounts are long can fall fast if those longs are forced to sell. Compare the accounts ratio with the value ratio to see whether the crowd and the large traders agree. This is market data, not financial advice.