Ethereum Plunges to 2-Month Low of $2,315 as Wintermute Keeps Shorting ETH
- —ETH fell to $2,315, down about $200 on the day — lowest since August
- —Wintermute holds $75.45M in shorts on Hyperliquid, 86.4% of exposure short
- —Wintermute's largest shorts: ETH at $18.33M, SOL at $12.07M, S&P 500 at $10.72M
- —Ethereum ETFs saw $129.51M in outflows after $25M of inflows a day earlier
Why it matters: Heavy short positioning and ETF outflows raise the risk of ETH sliding further below $2,300.
Source: CryptoPotato