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ETC Long/Short Ratio (Hyperliquid)

How ETC 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.

52.6% of the 154 tracked Hyperliquid ETC positions are long (long/short ratio 1.11). By value, longs hold 52.6% ($2.63M long vs $2.37M short).

47,620 positions in 10,904 tracked walletsHyperliquid native perpsRefreshed every 2 minAs of 06:22 UTC

Accounts long154 tracked
52.6% long
Ratio 1.1181 long · 73 short
Value longby size
52.6% long
Ratio 1.11$2.63M$2.37M
Whales long$1.00M+ positions
—
0 long · 0 short
Coverage of ETC OItracked
41.8%
$5.00M tracked · $5.98M OI73.2% checked ≤ 15 min

ETC long/short: Hyperliquid vs Binance and Bybit

share long
SourceCountsShare longRatio
Hyperliquid (tracked)accounts 52.6%1.11
Hyperliquid (tracked)position value 52.6%1.11
Binanceaccounts 59.3%1.46
Bybitaccounts 69.3%2.26
Binance top tradersposition value 76.5%3.26

By position size

tracked ETC positions at the mark price
Position sizeLongShortAccounts longLong valueShort valueValue long
Under $10K5951 53.6%$113K$96K 54.2%
$10K–$100K1518 45.5%$483K$645K 42.8%
$100K–$1M74 63.6%$2.03M$1.63M 55.5%
$1M and up00—$0$0—

Largest tracked ETC positions

top 20 by size · all coins
WalletSideSizeEntryUnrealised PnLLiq. priceDistanceLeverageChecked
0x6754…d3a1 Short $599K 8.041 -$75K 13.250 +44.29% 5× cross 7 min ago
0x023a…2355 Short $526K 9.406 $13K 244.77 +2565.50% 5× cross just now
0x3574…7227 Long $483K 9.500 -$17K 8.446 -8.03% 5× isolated 9 min ago
0x065d…d8a0 Long $406K 9.564 -$17K 7.080 -22.90% 3× isolated just now
0x7717…bd7e Short $395K 9.662 $21K 150.35 +1537.31% 5× cross 1 min ago
0xb315…cc25 Long $367K 7.727 $58K 6.916 -24.69% 5× cross 27 min ago
0x739c…cfb2 Long $321K 10.055 -$31K — — 5× cross just now
0xc69a…b34c Long $184K 9.154 $584 — — 5× cross 3 min ago
0x12f4…9fbc Long $145K 9.484 -$4,765 — — 5× cross 25 min ago
0xf28f…5a42 Long $127K 9.181 $30 6.806 -25.88% 3× isolated 3 min ago
0x47f5…b942 Short $108K 9.603 $4,920 179.88 +1858.88% 5× cross just now
0x6dd3…46b7 Short $100K 9.391 $2,261 74.124 +707.19% 5× cross 21 min ago
0xb14d…8560 Long $97K 9.560 -$4,000 5.335 -41.91% 2× isolated 3 min ago
0x8482…9d07 Short $94K 11.930 $28K 21.309 +132.04% 5× cross 15 min ago
0x0d6a…ca57 Long $72K 8.530 $5,104 6.347 -30.89% 3× isolated just now
0x1199…61af Long $69K 10.171 -$7,459 3.905 -57.48% 2× cross 10 h ago
0x0d43…c930 Short $56K 9.076 -$652 180.27 +1863.03% 5× cross 18 min ago
0x8fb5…eaa4 Short $51K 9.690 $2,837 164.35 +1689.75% 5× cross 28 min ago
0x34a6…6680 Long $46K 8.501 $3,411 — — 5× cross 6 h ago
0x75f3…e76b Short $43K 9.517 $1,570 85.935 +835.81% 5× cross 26 min ago

Tracker coverage and freshness

all Hyperliquid perps · 45.2% of OI
TierWalletsWith positionsTracked valueTarget cycleActual cycle
A300300$8.19B60 s60 s
B3,0003,000$2.91B15 min29 min
C46,7357,605$370.98M4 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); 38.1% 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 ETC 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.

ETC Hyperliquid long/short ratio FAQ

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

The tracked ETC positions add up to 41.8% of ETC'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.