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kSHIB Long/Short Ratio (Hyperliquid)

How kSHIB 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.

56.4% of the 117 tracked Hyperliquid kSHIB positions are long (long/short ratio 1.29). By value, longs hold 54.6% ($1.47M long vs $1.22M short).

44,220 positions in 9,971 tracked walletsHyperliquid native perpsRefreshed every 2 minAs of 00:19 UTC

Accounts long117 tracked
56.4% long
Ratio 1.2966 long · 51 short
Value longby size
54.6% long
Ratio 1.20$1.47M$1.22M
Whales long$1.00M+ positions
—
0 long · 0 short
Coverage of kSHIB OItracked
37.3%
$2.70M tracked · $3.62M OI82.7% checked ≤ 15 min

kSHIB long/short: Hyperliquid vs Binance and Bybit

share long
SourceCountsShare longRatio
Hyperliquid (tracked)accounts 56.4%1.29
Hyperliquid (tracked)position value 54.6%1.20
Binanceaccounts 62.9%1.69
Bybitaccounts 70.1%2.35
Binance top tradersposition value 61.4%1.59

By position size

tracked kSHIB positions at the mark price
Position sizeLongShortAccounts longLong valueShort valueValue long
Under $10K5231 62.7%$87K$58K 60.0%
$10K–$100K1016 38.5%$373K$495K 42.9%
$100K–$1M44 50.0%$1.01M$671K 60.2%
$1M and up00—$0$0—

Largest tracked kSHIB positions

top 20 by size · all coins
WalletSideSizeEntryUnrealised PnLLiq. priceDistanceLeverageChecked
0x153c…319a Long $589K 0.004945 $98K — — 10× cross just now
0x023a…2355 Short $286K 0.005221 -$34K 0.2794 +4605.95% 10× cross just now
0x2edd…8179 Long $197K 0.005964 -$895 — — 10× cross just now
0xa20f…46fa Short $171K 0.005373 -$16K 0.04365 +635.27% 10× cross just now
0xd718…d7f0 Long $125K 0.005625 $6,586 0.004028 -32.16% 3× isolated 12 min ago
0x45d2…4029 Short $113K 0.01490 $171K 1.556 +26114.30% 10× cross just now
0x40c3…cef4 Long $103K 0.005697 $4,175 0.001225 -79.37% 5× cross 11 min ago
0x47f5…b942 Short $101K 0.005241 -$12K 0.08668 +1359.96% 10× cross just now
0x4e18…dd45 Long $78K 0.006009 -$944 0.004242 -28.55% 3× isolated 5 min ago
0x8af7…fa05 Short $71K 0.01550 $115K 1.451 +24333.89% 10× cross just now
0xe5aa…6232 Short $70K 0.005598 -$3,999 0.08150 +1272.77% 3× cross 19 min ago
0x3676…c61b Long $59K 0.005570 $3,670 — — 5× cross 14 min ago
0x2d23…5cc2 Long $59K 0.005537 $4,000 — — 10× cross 23 min ago
0x8510…92ee Short $59K 0.005542 -$3,914 0.1395 +2249.30% 3× cross 19 min ago
0xf53c…3364 Short $51K 0.008311 $20K 0.06846 +1053.12% 10× cross 2 min ago
0x638c…15d6 Long $40K 0.005348 $4,017 — — 4× cross 6 min ago
0x7717…bd7e Short $35K 0.005932 -$29 0.8612 +14405.69% 10× cross 1 min ago
0x4731…f74e Long $33K 0.005450 $2,681 — — 3× cross 23 min ago
0xc978…5d30 Long $30K 0.005928 $46 0.004993 -15.89% 5× isolated 4 h ago
0x31ca…974b Short $28K 0.005918 -$91 0.6125 +10216.89% 20× cross 7 min ago

Tracker coverage and freshness

all Hyperliquid perps · 44.3% of OI
TierWalletsWith positionsTracked valueTarget cycleActual cycle
A300300$8.30B60 s60 s
B3,0003,000$3.00B15 min29 min
C45,3046,671$341.52M4 h14 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); 37.7% 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 kSHIB 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.

kSHIB Hyperliquid long/short ratio FAQ

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

The tracked kSHIB positions add up to 37.3% of kSHIB'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.