Guides and reference · The Whale Tide, explained
Guide 07 of 092 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.
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 shows two marks on one thin track with a notch at 50. The filled dot is today, and the track from the notch to it is coloured: the tide line, as far as whales have moved from even. The hollow ring is the close a week ago, so you can see the tide coming in or going out. The crowd, the long share of retail accounts on the same scale, stands as a number beside the dial where we know it.
- today 24
- a week ago 31
- crowd 71
What goes into it
Only directional whales with a track record count. Market makers and hedgers are left out, because their positions are not a view on price. Each position counts with its size times the wallet's track-record score, and 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 the best-recorded whales lean short while most retail accounts lean long. That is a description, not a forecast. Either side can be right.
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.