The graph
Coins (filled circles) and the top traders holding them (rings). A line is an open position: green long, red short, thicker for bigger. Drag to move, scroll to zoom. The tables below say the same in words.
Who holds what
Each coin's open positions among the top traders Fexr follows: how much is long (profits if the price rises) and short (profits if it falls), and how many of the traders hold it.
| Coin | Long | Short | Traders | Lean |
|---|---|---|---|---|
| BTC | $51.6M | $770.0M | 32 | 6% long |
| ETH | $67.3M | $608.1M | 32 | 10% long |
| HYPE | $62.5M | $305.9M | 35 | 17% long |
| ZEC | $5.2M | $183.2M | 30 | 3% long |
| SOL | $4.5M | $142.0M | 24 | 3% long |
| SKHX | $12.0M | $59.3M | 16 | 17% long |
| SP500 | $61.6M | $7.5M | 9 | 89% long |
| GOLD | $2.4M | $65.1M | 12 | 4% long |
| XRP | $4.5M | $50.5M | 19 | 8% long |
| SILVER | $3.9M | $49.2M | 14 | 7% long |
| SPCX | $19.7M | $25.0M | 16 | 44% long |
| BRENTOIL | $1.2M | $39.2M | 7 | 3% long |
| MU | $2.1M | $35.9M | 18 | 6% long |
| XMR | $1.3M | $34.2M | 17 | 4% long |
| SNDK | $2.6M | $32.4M | 13 | 7% long |
| GOOGL | $1K | $29.7M | 10 | 0% long |
| XYZ100 | $19.3M | $10.0M | 10 | 66% long |
| SKHY | $24.9M | $403K | 10 | 98% long |
| AAPL | $17.9M | $6.6M | 9 | 73% long |
| INTC | $488K | $22.3M | 11 | 2% long |
| SOXL | $1.4M | $19.8M | 5 | 6% long |
| NEAR | $848K | $20.3M | 19 | 4% long |
| CL | $6.8M | $13.0M | 11 | 34% long |
| DRAM | $6.7M | $12.0M | 11 | 36% long |
| DOGE | $133K | $18.4M | 14 | 1% long |
| PUMP | $2.2M | $15.6M | 20 | 12% long |
| CRCL | $1.0M | $15.6M | 14 | 6% long |
| WLD | $812K | $14.7M | 16 | 5% long |
| ENA | $781K | $14.3M | 18 | 5% long |
| LIT | $3.3M | $10.9M | 20 | 23% long |
The biggest single positions
The largest open positions held by one trader. Leverage is how many times the trader's own money the position is worth.
| Trader | Coin | Side | Size | Leverage |
|---|---|---|---|---|
| Trader 0x5b5d…c060 | BTC | Short | $178.8M | 5× |
| Trader 0x5b5d…c060 | ETH | Short | $174.7M | 5× |
| Trader 0xb83d…6e36 | BTC | Short | $158.8M | 5× |
| John Wick | BTC | Short | $101.5M | 25× |
| Trader 0xb83d…6e36 | HYPE | Short | $79.1M | 5× |
| Trader 0xb83d…6e36 | ETH | Short | $75.2M | 5× |
| Trader 0x15a4…dfdb | ETH | Short | $67.1M | 20× |
| Trader 0xb83d…6e36 | ZEC | Short | $63.0M | 3× |
| Trader 0x218a…7da2 | BTC | Short | $61.5M | 8× |
| Trader 0xb695…a92d | BTC | Short | $59.3M | 20× |
| Trader 0x5b5d…c060 | HYPE | Short | $56.9M | 5× |
| Trader 0x5b5d…c060 | SOL | Short | $56.8M | 7× |
| Trader 0xdf95…7d72 | ETH | Short | $56.4M | 25× |
| Trader 0xdf95…7d72 | BTC | Short | $47.2M | 40× |
| Trader 0x5b5d…c060 | ZEC | Short | $46.6M | 3× |
What exchanges hold, and where they're based
Reserves are what each exchange shows in the wallets it publishes as proof of reserves: self-reported, unaudited and mostly customer money. Where it's incorporated and where it's run from can differ.
| Exchange | Reserves | Largest holdings | Incorporated | Run from |
|---|---|---|---|---|
| Binance CEX | $125.38B | BTC $47.65B, USDT $31.87B, WETH $15.00B | Cayman Islands | United Arab Emirates |
| OKX | $28.20B | BTC $11.84B, USDT $8.01B, WETH $2.99B | Seychelles | — |
| Bybit | $14.72B | BTC $5.23B, USDT $2.84B, WETH $1.24B | British Virgin Islands | United Arab Emirates |
| Bitfinex | $14.40B | BTC $12.07B, WETH $1.49B, USDT $612.2M | British Virgin Islands | British Virgin Islands |
| Robinhood | $13.67B | BTC $10.66B, WETH $2.72B, SHIB $175.4M | United States | United States |
| Gate | $5.86B | BTC $1.52B, WETH $787.1M, GUSD $314.2M | Panama | — |
| Bitget | $5.78B | BTC $2.38B, USDT $501.6M, USDGO $470.6M | Seychelles | Seychelles |
| Gemini | $4.98B | BTC $4.24B, WETH $637.0M, LINK $43.6M | United States | — |
| Bitstamp | $4.50B | BTC $2.96B, WETH $857.5M, XRP $402.4M | Luxembourg | — |
| MEXC | $4.23B | USDT $1.53B, BTC $882.5M, USDGO $578.9M | Seychelles | Singapore |
| HTX | $3.95B | TRON $2.75B, BTC $580.2M, HTX $343.6M | Seychelles | — |
| Deribit | $3.58B | BTC $3.05B, WETH $362.8M, USDC $64.2M | Panama | — |
| KuCoin | $2.56B | USDT $804.7M, BTC $631.3M, WETH $255.2M | Seychelles | — |
| Crypto-com | $2.23B | BTC $1.59B, USDT $175.6M, WETH $174.0M | Malta | — |
| HashKey Exchange | $1.46B | BTC $945.5M, WETH $358.7M, USDT $78.7M | — | — |
| Bitkub | $1.36B | BTC $899.4M, WETH $163.9M, XRP $102.3M | Thailand | Thailand |
| Poloniex | $902.6M | STETH $534.6M, WBTC $129.6M, XRP $60.4M | Seychelles | United States |
| SwissBorg | $807.5M | BTC $412.6M, WETH $129.7M, XRP $49.6M | — | Switzerland |
| Bitmex | $690.5M | BTC $582.1M, USDT $107.9M, WETH $272K | — | Seychelles |
| OSL Exchange | $677.5M | BTC $511.6M, WETH $123.3M, USDT $24.6M | Hong Kong | — |
Sources & notes
- Positions and profit: each trader's public account on Hyperliquid, the order-book venue where they trade, read by Fexr every few minutes.
- A trader's name is their own display name or a shortened wallet address, not a real identity.
- Positions and moves are the tracked top traders only, not the whole market.
- Reserves are what exchanges show in the wallets they publish as proof of reserves: self-reported, unaudited, mostly customer funds, liabilities not included.
- Edges are holdings, positions, domicile and published strategies. No wallet-to-wallet or exchange flows are drawn: Fexr has no counterparty index for them.
- Read through the Fexr API. How Fexr reports.
- Market data, not investment advice.