Market maker Wintermute has continued to add funds to Hyperliquid and expand its bearish positioning, according to monitoring data cited by BlockBeats from Onchain Lens on Aug. 24. The firm’s total short exposure on the platform has increased from $146 million to $191 million, a rise of about $44.58 million.
Its five largest short positions are currently concentrated in major tokens. ETH accounts for about $53.02 million, followed by BTC at roughly $30.66 million, SOL at about $22.62 million, HYPE at around $11.43 million, and XRP at about $10.19 million. The monitored address is also showing an unrealized loss of about $5.85 million.
Onchain Lens also found that Wintermute has been moving large amounts of funds to centralized exchanges including Binance. The size of its perpetual futures positions on CEX platforms has not yet been determined, leaving part of the broader positioning still under observation.
Wintermute has continued to transfer funds to Hyperliquid and build out its short positions, according to monitoring data from Onchain Lens cited by BlockBeats on Aug. 24.
The market maker’s total short exposure on Hyperliquid has risen from $146 million to $191 million, adding roughly $44.58 million in new short positions.
Its five largest shorts are ETH at about $53.02 million, BTC at roughly $30.66 million, SOL at around $22.62 million, HYPE at about $11.43 million, and XRP at approximately $10.19 million.
The tracked address is currently sitting on an unrealized loss of about $5.85 million.
Separate from its Hyperliquid positions, Wintermute has also been moving large amounts of funds to centralized exchanges including Binance. The scale of its perpetual futures positions on CEX venues remains unclear for now.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
