NIL Longs vs Shorts
NIL Smart Money vs Crowd
| Group | Long/Short | Sentiment |
|---|---|---|
| Retail · all accounts | 0.07 | Extremely Bearish |
| Whales · equity ≥ $1M | 0.00 | Extremely Bearish |
| Smart Money · $10K+ profit | 0.00 | Extremely Bearish |
?NIL Long/Short Ratio
| Type | Long/Short | Sentiment |
|---|---|---|
| Retail | 0.07 | Extremely Bearish |
| Whale Account | 0.00 | Extremely Bearish |
| Whale Position | 0.00 | Extremely Bearish |
| Smart Money | 0.00 | Extremely Bearish |
Smart Money NIL Positions
| Wallet | Side | Notional | Unrealized |
|---|---|---|---|
| 0xf1e7…d479 | SHORT 1× | $239K | +$6K |
| 0x9b88…afe0 | SHORT 3× | $18K | +$298 |
| 0x50e8…8b49 | SHORT 3× | $14K | +$38 |
| 0xaaf4…4b15 | SHORT 3× | $14K | +$34 |
| 0x483e…ce10 | SHORT 3× | $13K | +$145 |
| 0x57d8…40e6 | SHORT 3× | $12K | +$93 |
Large NIL Trades
| Side | Price | Value | Wallet | Time |
|---|---|---|---|---|
| No fills above the threshold in the last hour. | ||||
NIL Long/Short Ratio Chart
NIL Long/Short by Group
| Group | 15m | 1h | 4h | 12h | 24h |
|---|---|---|---|---|---|
| Taker buy/sell | 2.11 | 0.85 | 0.73 | 0.86 | 0.89 |
| Retail | 0.07 | 0.06 | 0.13 | 0.09 | 0.11 |
| Whale Account | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Whale Position | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Smart Money | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
NIL Long/Short Ratio FAQ
Are the top NIL traders on Hyperliquid long or short right now?
As of 2026-09-21 13:55 UTC, 0.0% of open NIL notional held by profitable Hyperliquid traders is long ($0 long vs $353K short across 11 positions). Retail wallets are 2.2% long on NIL.
What is the NIL Taker Buy/Sell ratio?
Market buys divided by market sells in the NIL perp over the window. Above 1 means aggressive buying dominated; below 1, aggressive selling. It reflects short-term flow, not positioning.
What do Retail, Whale Account and Whale Position mean?
Retail counts every tracked wallet with an open NIL position once, by net side. Whale Account does the same for wallets with $1M+ equity; Whale Position weighs those wallets by open notional. Smart Money weighs wallets with $10,000+ verified lifetime profit by open notional.
Why doesn't a high ratio mean more money is long?
On a derivatives exchange each long is matched by a short of the same size. A ratio above 1 means more accounts (or more capital within one group) sit long than short — the counterparty capital is on the other side, often concentrated in fewer, larger hands.
Can I cite or pull these numbers?
Yes. This page is served by /api/long-short/coin/nil and /api/long-short/chart, refreshed every 5 minutes, licensed CC BY 4.0 with attribution to Compass. Every wallet resolves to a public Hyperliquid address.