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Wintermute Cuts Hyperliquid Short Position to $80.48 Million From $211.53 Million

Source
JOON HYOUNG LEE

Summary

  • Global crypto market maker Wintermute reduced its short position by about $130 million.
  • Onchain Lens said Wintermute cut its short position on Hyperliquid (DEX) to $80.48 million from $211.53 million.
  • Wintermute increased its short position in the Hyperliquid token to $10.2 million from $5.6 million.

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Photo: Wintermute
Photo: Wintermute

Global crypto market maker Wintermute reduced its short position by about $130 million.

Onchain Lens said on Aug. 26 that Wintermute recently cut its short position on decentralized exchange Hyperliquid to $80.48 million from $211.53 million.

As of Aug. 26, Wintermute's long position on Hyperliquid stood at $5.51 million.

Wintermute also increased its short position in the Hyperliquid token to $10.2 million from $5.6 million.

#DeFi
JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul

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