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EIGEN Long/Short Ratio (Hyperliquid)

How EIGEN 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.

46.5% of the 155 tracked Hyperliquid EIGEN positions are long (long/short ratio 0.87). By value, longs hold 50.8% ($2.24M long vs $2.18M short).

47,974 positions in 11,042 tracked walletsHyperliquid native perpsRefreshed every 2 minAs of 07:26 UTC

Accounts long155 tracked
46.5% long
Ratio 0.8772 long · 83 short
Value longby size
50.8% long
Ratio 1.03$2.24M$2.18M
Whales long$1.00M+ positions
—
0 long · 0 short
Coverage of EIGEN OItracked
41.1%
$4.42M tracked · $5.38M OI63.2% checked ≤ 15 min

EIGEN long/short: Hyperliquid vs Binance and Bybit

share long
SourceCountsShare longRatio
Hyperliquid (tracked)accounts 46.5%0.87
Hyperliquid (tracked)position value 50.8%1.03
Binanceaccounts 65.1%1.87
Bybitaccounts 69.3%2.26
Binance top tradersposition value 78.7%3.69

By position size

tracked EIGEN positions at the mark price
Position sizeLongShortAccounts longLong valueShort valueValue long
Under $10K5261 46.0%$62K$105K 37.1%
$10K–$100K1617 48.5%$477K$804K 37.2%
$100K–$1M45 44.4%$1.71M$1.27M 57.4%
$1M and up00—$0$0—

Largest tracked EIGEN positions

top 20 by size · all coins
WalletSideSizeEntryUnrealised PnLLiq. priceDistanceLeverageChecked
0x7160…d47c Long $592K 0.2812 -$57K 0.08620 -66.39% 5× cross 18 min ago
0xecb6…2b00 Short $445K 0.2280 -$49K 26.160 +10098.84% 5× cross just now
0x08c1…1135 Long $403K 0.1960 $95K — — 5× cross just now
0xd214…69ec Long $384K 0.2286 $42K 0.1360 -46.96% 5× cross 5 min ago
0x0813…79e5 Long $327K 0.2254 $40K — — 5× cross 16 min ago
0x1271…b05f Short $308K 0.2420 -$17K 0.5156 +101.01% 5× cross 7 min ago
0x7717…bd7e Short $281K 0.2638 $8,002 5.812 +2165.90% 5× cross just now
0xdf52…59fc Short $120K 0.2499 -$3,077 1.041 +305.68% 5× cross 6 min ago
0x5647…e7de Short $113K 0.2595 $1,320 6.612 +2477.76% 5× cross just now
0x936c…bb0f Short $91K 0.2745 $6,353 82.551 +32083.64% 3× cross just now
0x985f…501f Short $76K 1.247 $292K 5.051 +1869.13% 5× cross 9 min ago
0xacb6…efbd Short $75K 0.2361 -$5,992 26.626 +10280.49% 5× cross just now
0x980d…01e1 Long $72K 0.2453 $3,144 0.1690 -34.12% 5× cross 2 h ago
0x472c…bf4b Short $65K 0.2523 -$1,057 4.508 +1657.43% 3× cross 24 min ago
0x71d0…8c26 Short $62K 0.2669 $2,531 42.643 +16525.11% 5× cross just now
0x6920…f48a Long $58K 0.2001 $13K — — 5× cross 26 min ago
0xc6aa…0e75 Short $55K 0.2617 $1,116 12.407 +4737.18% 5× cross just now
0xdf95…7d72 Short $51K 0.2767 $4,049 129.49 +50384.49% 5× cross just now
0xeafe…d739 Long $51K 0.2716 -$3,020 — — 5× cross 10 min ago
0x31ca…974b Short $49K 0.2691 $2,430 15.491 +5939.53% 20× cross 27 min ago

Tracker coverage and freshness

all Hyperliquid perps · 45.4% of OI
TierWalletsWith positionsTracked valueTarget cycleActual cycle
A300300$8.16B60 s61 s
B3,0003,000$2.92B15 min28 min
C46,8867,743$379.03M4 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); 38.5% 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 EIGEN 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.

EIGEN Hyperliquid long/short ratio FAQ

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

The tracked EIGEN positions add up to 41.1% of EIGEN'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.