HN/reddit/twitter/android can all send a similar amount of traffic. There's one order of magnitude there, how many places an article is featured at the same time?
Then there's an order of magnitude within each place, how much interest and readership the article could gather? Highly variable. The first comment alone can make or break an article.
I also haven’t had the number one spot on HN (except maybe briefly), but was in 2 and 3 for long stretches and even an order of magnitude more traffic wouldn’t have been a problem.
Two orders probably would have been, but I have a hard time imagining a 100x traffic difference between the 1 spot and the 2 spot. Then again, if it was a very slow day here vs a very busy day maybe (though in my case it wasn’t a very slow day).
It's not about rank. It's about the specifics of the article, mainly the title and the content. It simply attracts more or less readership.
(My experience with high-ranking HN posts: initially with DreamHost, later with cheapest AWS ec2—never a noticeable impact with either)