Wintermute Raises Short Positions to $190M on Hyperliquid, Led by ETH and BTC

BitcoinWorld Wintermute Raises Short Positions to $190M on Hyperliquid, Led by ETH and BTC Wintermute, one of the largest cryptocurrency market makers, has significantly increased its short positions on the Hyperliquid derivatives platform, according to data from Onchain Lens.

The firm’s total short exposure now stands at $190.77 million, up from $146.19 million, reflecting a notable shift in its trading strategy over recent days.

Breakdown of Wintermute’s Short Positions Onchain Lens data shows that Wintermute’s largest short position is in Ethereum (ETH) at $53.02 million, followed by Bitcoin (BTC) at $30.66 million.

The firm also holds notable short positions in Solana (SOL) at $22.62 million, Hyperliquid’s native token HYPE at $11.43 million, and XRP at $10.19 million.