ORDI Long/Short Ratio (Hyperliquid)
How ORDI 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.
23.9% of the 67 tracked Hyperliquid ORDI positions are long (long/short ratio 0.31). By value, longs hold 27.6% ($71K long vs $186K short).
Daily last-recorded snapshots
seven completed UTC daysLatest observed hourly sample per day, not daily averages or settlements. Shares cover tracked wallets. Missing observations remain unavailable.
| UTC date | Accounts long | Value long | Selected sample (UTC) | Recorded hours |
|---|---|---|---|---|
| 2026-10-24 | Unavailable | Unavailable | Unavailable | 0 / 24 |
| 2026-10-25 | Unavailable | Unavailable | Unavailable | 0 / 24 |
| 2026-10-26 | Unavailable | Unavailable | Unavailable | 0 / 24 |
| 2026-10-27 | Unavailable | Unavailable | Unavailable | 0 / 24 |
| 2026-10-28 | Unavailable | Unavailable | Unavailable | 0 / 24 |
| 2026-10-29 | Unavailable | Unavailable | Unavailable | 0 / 24 |
| 2026-10-30 | Unavailable | Unavailable | Unavailable | 0 / 24 |
ORDI winning and underwater positions
estimated unrealised PnL| Side | Positive | Negative | Flat | Unavailable |
|---|---|---|---|---|
| Long | 7 positions $33K | 9 positions $38K | 0 positions $0 | 0 positions $0 |
| Short | 40 positions $170K | 11 positions $16K | 0 positions $0 | 0 positions $0 |
Classified 67 of 67 positions (100.0%); 100.0% of priced value. Fresh-value share: 32.1% of priced value checked ≤ 15 min. Latest position check: 07:33 UTC. Marks at book refresh: 07:33 UTC.
All observed native ORDI positions, including those below the whale threshold; last checked within 48 hours. Positive and negative mean above or below entry in signed size × (native mark − entry); flat means exactly zero. Missing or invalid entry/mark is unavailable; unpriced notional stays unknown. Entry-to-mark PnL excludes fees and funding and is not realised wallet profitability.
ORDI long/short: Hyperliquid vs Binance and Bybit
share long| Source | Counts | Share long | Ratio |
|---|---|---|---|
| Hyperliquid (tracked) | accounts | 23.9% | 0.31 |
| Hyperliquid (tracked) | position value | 27.6% | 0.38 |
Binance and Bybit don't publish a long/short ratio for ORDI, or it hasn't loaded yet.
By position size
tracked ORDI positions at the mark price| Position size | Long | Short | Accounts long | Long value | Short value | Value long |
|---|---|---|---|---|---|---|
| Under $10K | 13 | 47 | 21.7% | $24K | $111K | 18.0% |
| $10K–$100K | 3 | 4 | 42.9% | $47K | $75K | 38.3% |
| $100K–$1M | 0 | 0 | — | $0 | $0 | — |
| $1M and up | 0 | 0 | — | $0 | $0 | — |
Largest tracked ORDI positions
top 20 by size · all coins| Wallet | Side | Size | Entry | Unrealised PnL | Liq. price | Distance | Leverage | Checked |
|---|---|---|---|---|---|---|---|---|
| 0x0d43…c930 | Short | $28K | 4.771 | $11K | 127.65 | +3607.25% | 3× cross | just now |
| 0x38a5…bed2 | Long | $25K | 3.448 | -$35 | — | — | 3× cross | 2 h ago |
| 0xaf9f…a4fa | Short | $20K | 3.698 | $1,485 | 390.79 | +11249.31% | 3× cross | 3 h ago |
| 0x7019…bd36 | Short | $15K | 3.479 | $159 | 175.45 | +4995.47% | 3× cross | 2 h ago |
| 0x0104…703a | Long | $12K | 3.436 | $25 | — | — | 20× cross | 2 min ago |
| 0x3ca1…37c6 | Short | $12K | 3.595 | $514 | 54.137 | +1472.25% | 3× cross | 77 min ago |
| 0x3037…c9e1 | Long | $10K | 3.819 | -$1,127 | — | — | 3× cross | 2 h ago |
| 0x31ca…974b | Short | $9,408 | 3.446 | $7 | 1,095.4 | +31712.22% | 20× cross | 1 min ago |
| 0x7717…bd7e | Long | $8,065 | 3.438 | $13 | — | — | 3× cross | 2 min ago |
| 0x0700…3162 | Long | $6,887 | 3.188 | $512 | — | — | 3× cross | 34 min ago |
| 0x3829…06ab | Short | $6,694 | 4.035 | $1,151 | 407.30 | +11728.80% | 3× cross | 70 min ago |
| 0xd82c…4068 | Short | $6,662 | 3.625 | $352 | 97.327 | +2726.57% | 3× cross | 3 h ago |
| 0x258a…ff03 | Short | $6,602 | 3.554 | $212 | 1,877.2 | +54417.33% | 3× cross | 86 min ago |
| 0xd8d5…7349 | Short | $6,555 | 2.984 | -$874 | 1,071.1 | +31006.44% | 3× cross | 69 min ago |
| 0xf36c…316b | Long | $6,266 | 3.436 | $13 | — | — | 3× cross | 53 min ago |
| 0xb0dc…dfb1 | Short | $6,217 | 3.718 | $495 | 602.50 | +17397.80% | 3× cross | 3 h ago |
| 0x9b88…afe0 | Short | $6,189 | 3.741 | $536 | 143.54 | +4068.59% | 3× cross | 44 min ago |
| 0xf21c…21bd | Short | $4,356 | 3.454 | $13 | 223.91 | +6402.89% | 3× cross | 7 min ago |
| 0x669d…8817 | Short | $4,309 | 3.487 | $55 | 160.00 | +4546.80% | 3× cross | 60 min ago |
| 0x2ff2…faed | Short | $4,171 | 4.181 | $893 | 181.85 | +5181.16% | 3× cross | 76 min ago |
Tracker coverage and freshness
all Hyperliquid perps · 86.2% of OI| Tier | Wallets | With positions | Tracked value | Target cycle | Actual cycle |
|---|---|---|---|---|---|
| A | 300 | 300 | $6.78B | 60 s | 3 min |
| B | 3,000 | 3,000 | $2.09B | 15 min | 3 h |
| C | 74,753 | 15,343 | $447.73M | 4 h | 132 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); 64.5% 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 ORDI 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.
ORDI Hyperliquid long/short ratio FAQ
How is the Hyperliquid ORDI 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 ORDI open interest does this cover?
The tracked ORDI positions add up to 62.6% of ORDI'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 5 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.
Where can I see what Hyperliquid whales and top traders hold?
The whale tracker lists every tracked ORDI position of $1M or more with entry, liquidation price and leverage, the leaderboard ranks the top traders by PnL, and positioning by cohort splits longs and shorts by account size.