Wintermute, a leading market maker in the cryptocurrency market, has increased the total size of its short positions on Hyperliquid to $211.53 million. According to the latest data, the company increased its overall short exposure while approximately halving its short position on $HYPE.

According to data shared by Onchain Lens, Wintermute’s total short positions on Hyperliquid increased from $190.77 million to $211.53 million. Conversely, the company’s short position on $HYPE decreased from $11.43 million to $5.60 million.

Wintermute short positions are as follows:

  • Bitcoin (BTC): $70.80 million
  • Ethereum (ETH): $53.83 million
  • Solana ($SOL): $17.63 million
  • XRP: $7.41 million
  • Dogecoin (DOGE): $6.79 million
  • Hyperliquid ($HYPE): $5.60 million
  • Pump.fun (PUMP): $5.17 million
  • Ethereum (ENA): $3.25 million

Wintermute’s largest short position is in Bitcoin at $70.80 million, followed by Ethereum at $53.83 million. The size of the short position on the $SOL side is at $17.63 million.

According to the data, Wintermute’s total open perpetual position size is approximately $217.49 million. Of this, $211.53 million is short positions and $5.96 million is long positions.

The company’s unrealized losses from open positions are currently approximately $4.12 million. In contrast, Wintermute has generated approximately $2.27 million in revenue from funding payments.

Another noteworthy detail was the reduction in $HYPE positions. Wintermute’s $HYPE short position, previously at $11.43 million, decreased by approximately half to $5.60 million.