Markets· ★★★· bearish·

Wintermute holds $75.45M in shorts on Hyperliquid, 86.4% of positions

  • —Wintermute's open positions on Hyperliquid total $87.34 million
  • —Shorts account for $75.45 million, or 86.4% of the book
  • —Largest shorts: ETH $18.33M, SOL $12.07M, S&P 500 $10.72M
  • —Unrealized profit is $3.97 million; lifetime gains $209.79 million
Why it matters: A major market maker's heavy short book signals bearish positioning on ETH and SOL and could add selling pressure.
Source: PANews