XRP: smart money vs retail
made $1M+ all-time vs accounts under $10KSmart money vs retail: the 61 tracked wallets that made $1M or more on Hyperliquid are 48.3% long XRP by value (net -$6.52M), while the 198 accounts under $10K are 90.9% long (net +$1.68M). They disagree: smart money leans short, retail long. Both are samples: only wallets this site tracks and polled in the 6 hours before the snapshot, about 91.5% of XRP open interest on Hyperliquid, and the PnL tiers only include wallets on Hyperliquid's leaderboard.
By account size: XRP
tier by account valueSnapshot 2026-09-29 11:00 UTC
| Account size | Wallets | Long | Short | Net | Long % |
|---|---|---|---|---|---|
| Under $10K | 198 | $1.87M | $187K | $1.68M | 90.9% |
| $10K–$100K | 232 | $6.72M | $1.83M | $4.89M | 78.6% |
| $100K–$1M | 180 | $13.85M | $15.79M | -$1.94M | 46.7% |
| $1M–$10M | 72 | $51.04M | $25.93M | $25.10M | 66.3% |
| $10M and up | 18 | $59.41M | $90.49M | -$31.08M | 39.6% |
| All wallets | 700 | $132.89M | $134.24M | -$1.35M | 49.7% |
By all-time PnL: XRP
tier by all-time PnL (leaderboard wallets only)Snapshot 2026-09-29 11:00 UTC
| All-time PnL | Wallets | Long | Short | Net | Long % |
|---|---|---|---|---|---|
| Lost $1M or more | 26 | $7.06M | $17.61M | -$10.56M | 28.6% |
| Lost $100K–$1M | 51 | $4.99M | $3.47M | $1.52M | 59.0% |
| Within ±$100K | 329 | $13.64M | $1.55M | $12.10M | 89.8% |
| Made $100K–$1M | 97 | $10.51M | $1.93M | $8.57M | 84.5% |
| Made $1M or more | 61 | $94.00M | $100.52M | -$6.52M | 48.3% |
| All leaderboard wallets | 564 | $130.20M | $125.09M | $5.11M | 51.0% |
XRP net long by account size tier
net long USD per tier, hourlyNot recorded Chart: TradingView Lightweight Charts™
XRP net long by all-time PnL tier
net long USD per tier, hourlyNot recorded Chart: TradingView Lightweight Charts™
Coverage
snapshot coverageAccount size: 2026-09-29 11:00 UTC
All-time PnL: 2026-09-29 11:00 UTC
700 tracked wallets held XRP positions in the account-size snapshot, worth $267.13M, about 91.5% of XRP open interest on Hyperliquid (tracked long + short ÷ 2 × OI). 564 leaderboard wallets appear in the PnL snapshot (95.6% of the tracked value). Each snapshot includes only positions of wallets polled in the 6 hours before that snapshot. Vaults and protocol accounts such as HLP (accounts worth over $1B) are excluded.
How to read it. Net long is the tier's long position value minus its short value at the mark price; above zero the tier is net long XRP. All ranges preserve hourly snapshots. See the XRP long/short ratio for the split by position size and the largest positions. Vaults and protocol accounts (HLP and other accounts worth over $1B) are excluded from every tier. Not financial advice.