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ZEC Long/Short Ratio (Hyperliquid)

How ZEC 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.

62.7% of the 820 tracked Hyperliquid ZEC positions are long (long/short ratio 1.68). By value, longs hold 49.0% ($351.84M long vs $366.65M short). Positions of $1.00M or more are 46.7% long by value.

22,654 positions in 3,909 tracked walletsHyperliquid native perpsRefreshed every 2 minAs of 18:08 UTC

Accounts long820 tracked
62.7% long
Ratio 1.68514 long · 306 short
Value longby size
49.0% long
Ratio 0.96$351.84M$366.65M
Whales long$1.00M+ positions
46.7% long
69 long · 57 short
Coverage of ZEC OItracked
43.1%
$718.48M tracked · $832.83M OI80.8% checked ≤ 15 min

ZEC long/short: Hyperliquid vs Binance and Bybit

share long
SourceCountsShare longRatio
Hyperliquid (tracked)accounts 62.7%1.68
Hyperliquid (tracked)position value 49.0%0.96
Binanceaccounts 36.0%0.56
Bybitaccounts 51.2%1.05
Binance top tradersposition value 52.5%1.11

By position size

tracked ZEC positions at the mark price
Position sizeLongShortAccounts longLong valueShort valueValue long
Under $10K7948 62.2%$308K$178K 63.4%
$10K–$100K17081 67.7%$7.41M$3.85M 65.8%
$100K–$1M196120 62.0%$66.53M$45.75M 59.3%
$1M and up6957 54.8%$277.58M$316.88M 46.7%

Largest tracked ZEC positions

top 20 by size · all coins
WalletSideSizeEntryUnrealised PnLLiq. priceDistanceLeverageChecked
0x5b5d…c060 Short $53.78M 1,490.9 -$3.31M 5,888.9 +270.65% 3× cross just now
0xb83d…6e36 Short $42.25M 1,334.6 -$6.76M 5,729.9 +260.64% 3× cross just now
0x880a…311c Short $21.26M 1,376.6 -$2.84M 2,682.3 +68.82% 10× cross just now
0x5cee…a723 Long $20.14M 1,217.8 $4.70M 1,171.3 -26.28% 10× cross just now
0xcbab…dc70 Long $19.09M 1,557.3 $379K 1,387.9 -12.64% 10× cross just now
0x152e…c9dc Long $18.62M 1,650.9 -$728K — — 5× cross just now
0xc36a…105b Long $17.11M 1,206.1 $4.12M 761.81 -52.05% 10× cross just now
0x60b0…991e Long $16.93M 1,181.7 $4.34M 654.39 -58.81% 10× cross just now
0x7fda…17d1 Short $15.86M 1,553.2 -$355K 5,042.2 +217.36% 5× cross just now
0xdd53…2b13 Short $14.84M 675.37 -$8.53M 5,253.3 +230.65% 3× cross just now
0xad59…ba81 Short $13.39M 330.91 -$10.60M 2,126.8 +33.86% 10× cross just now
0xf29c…9971 Long $9.53M 1,533 $335K 418.80 -73.64% 10× cross just now
0x45d2…4029 Short $8.30M 833.44 -$3.95M 7,351.1 +362.69% 5× cross just now
0x362a…1d9f Long $7.96M 1,587.7 $5,535 1,215.1 -23.52% 10× cross just now
0xe83b…3ca8 Long $7.94M 1,153 $2.18M 672.54 -57.67% 10× cross just now
0xe77c…15db Long $7.15M 1,538.3 $227K 1,072.8 -32.48% 10× cross just now
0xabf6…f21a Long $6.96M 1,501.4 $383K 1,565.9 -1.44% 10× cross just now
0xfc27…9d9d Short $6.76M 1,534.9 -$229K 3,334.6 +109.88% 10× cross just now
0x2b61…2f6c Long $6.65M 1,520.7 $285K 167.49 -89.46% 5× cross just now
0xa61c…66b9 Short $6.36M 1,369 -$879K 3,000.9 +88.88% 10× cross just now

Tracker coverage and freshness

all Hyperliquid perps · 41.9% of OI
TierWalletsWith positionsTracked valueTarget cycleActual cycle
A300300$8.39B60 s60 s
B3,0003,000$2.71B15 min44 min
C44,389604$9.43M4 h22 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); 36.5% 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 ZEC 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.

ZEC Hyperliquid long/short ratio FAQ

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

The tracked ZEC positions add up to 43.1% of ZEC'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.