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WIF Long/Short Ratio (Hyperliquid)

How WIF 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.

47.2% of the 159 tracked Hyperliquid WIF positions are long (long/short ratio 0.89). By value, longs hold 56.0% ($3.80M long vs $2.99M short). Positions of $1.00M or more are 100.0% long by value.

44,754 positions in 10,229 tracked walletsHyperliquid native perpsRefreshed every 2 minAs of 01:37 UTC

Accounts long159 tracked
47.2% long
Ratio 0.8975 long · 84 short
Value longby size
56.0% long
Ratio 1.27$3.80M$2.99M
Whales long$1.00M+ positions
100.0% long
1 long · 0 short
Coverage of WIF OItracked
40.9%
$6.79M tracked · $8.29M OI78.8% checked ≤ 15 min

WIF long/short: Hyperliquid vs Binance and Bybit

share long
SourceCountsShare longRatio
Hyperliquid (tracked)accounts 47.2%0.89
Hyperliquid (tracked)position value 56.0%1.27
Binanceaccounts 54.4%1.19
Bybitaccounts 79.2%3.81
Binance top tradersposition value 70.1%2.34

By position size

tracked WIF positions at the mark price
Position sizeLongShortAccounts longLong valueShort valueValue long
Under $10K5455 49.5%$79K$125K 38.7%
$10K–$100K1419 42.4%$526K$685K 43.4%
$100K–$1M610 37.5%$1.48M$2.18M 40.5%
$1M and up10 100.0%$1.72M$0 100.0%

Largest tracked WIF positions

top 20 by size · all coins
WalletSideSizeEntryUnrealised PnLLiq. priceDistanceLeverageChecked
0xeadc…9d55 Long $1.72M 0.1876 $392K — — 5× cross 1 min ago
0xec0b…b078 Long $615K 0.4077 -$416K — — 5× cross 1 min ago
0xa20f…46fa Short $354K 0.2067 -$53K 1.033 +325.00% 5× cross just now
0x8019…64d5 Short $351K 0.2366 -$9,437 0.6228 +156.15% 5× cross 21 min ago
0x27c9…d65d Short $298K 0.2311 -$15K 0.8991 +269.79% 5× cross 1 min ago
0x64b7…9da9 Long $254K 0.2349 $8,567 — — 5× cross just now
0xecb6…2b00 Short $246K 0.1932 -$50K 42.535 +17394.57% 5× cross 1 min ago
0x47f5…b942 Short $215K 0.1981 -$40K 1.937 +696.62% 5× cross just now
0xeb0a…7d19 Long $207K 0.2462 -$2,605 — — 5× cross 3 min ago
0x7345…b404 Short $195K 0.2421 -$852 1.642 +575.20% 5× cross just now
0x7717…bd7e Short $182K 0.2428 -$224 7.025 +2789.44% 5× cross just now
0x8cc9…2b6a Long $173K 0.2376 $3,932 — — 5× cross just now
0x31ef…f715 Long $130K 0.2259 $9,238 0.1682 -30.82% 3× isolated 20 min ago
0x8825…2cb7 Short $125K 0.2485 $2,728 1.643 +575.57% 5× cross 23 min ago
0xc179…e0c8 Short $108K 0.2442 $455 25.525 +10398.40% 4× cross 1 min ago
0xb163…e9e8 Short $105K 0.2333 -$4,233 0.9671 +297.75% 5× cross 11 min ago
0x6d18…5bd0 Long $101K 0.2396 $1,467 — — 5× cross 27 min ago
0x0d43…c930 Short $85K 0.2323 -$3,770 2.866 +1078.88% 5× cross 24 min ago
0x123d…3bff Short $76K 0.1751 -$21K 12.454 +5022.17% 5× cross just now
0xd33c…bdf2 Short $76K 0.2300 -$4,100 0.5547 +128.13% 5× cross 12 min ago

Tracker coverage and freshness

all Hyperliquid perps · 44.6% of OI
TierWalletsWith positionsTracked valueTarget cycleActual cycle
A300300$8.35B60 s60 s
B3,0003,000$2.97B15 min29 min
C45,6386,929$345.50M4 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); 37.9% 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 WIF 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.

WIF Hyperliquid long/short ratio FAQ

How is the Hyperliquid WIF 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 WIF open interest does this cover?

The tracked WIF positions add up to 40.9% of WIF'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.