Wintermute's Hyperliquid Short Squeeze Turns Loss into Gain, Unrealized Profit Reaches $1.73 million

BlockBeats News, August 31st. According to Onchain Lens monitoring, as the overall crypto market experienced a pullback, Wintermute's large short position established on Hyperliquid has returned to profitability. Currently, it holds a short position of approximately $149.2 million, with only about $5.01 million in long positions, resulting in an overall unrealized profit and loss (PnL) of approximately $1.73 million.

Among these, Wintermute's ETH short position is around $58.36 million, SOL short is approximately $26.11 million, and BTC short is about $19.16 million. The data indicates that its current position still maintains a highly bearish structure.