Guides and reference · The Whale Tide, explained
Guide 03 of 122 min read
The Whale Tide, explained
One number from 0 to 100 for where the largest Hyperliquid wallets put their money, and how to read it next to Fear & Greed.
Good for: a market recap or a weekly note, with one number for where whale money leans.
Say you write a weekly recap and want one number for where the largest wallets stand. Fear & Greed measures the mood of the market. The Whale Tide measures the money: where the largest wallets on Hyperliquid hold their positions, as one number from 0 to 100.
How to read the number
- 50 means the money is even. 48 to 52 reads as split.
- Below 48 whales lean short, at 25 or below strongly short.
- Above 52 whales lean long, at 75 or above strongly long.
The dial has two marks on one thin track with a notch at 50. The filled dot is today, and the coloured stretch from the notch to it is the tide line. The hollow ring is the close a week ago, so you see the tide coming in or going out. The crowd, the long share of retail accounts on the same scale, stands beside the dial where it is known.
- today 24
- a week ago 31
- crowd 71
What goes into it
Only directional whales with a track record count. Market makers and hedgers stay out, because their positions are not a view on price. Each position counts with its size times the wallet’s track-record score. One wallet counts with at most 10% of the money, so no single whale sets the number.
Whales against the crowd
The interesting days are often the ones where the two disagree. A Tide of 30 with the crowd at 70 means whales with a record lean short while most retail accounts lean long. That is a description, not a forecast. Either side can be right, and the Tide won’t show what whales hold on other exchanges.
Quote and share it
Every scope has its own page, card and widget: all markets, each asset class and each market. The daily close at 00:00 UTC is the number to quote. Credit “Whale Tide by WhaleRadar” with a link next to it.