Galaxy and Wintermute are significantly net short on Hyperliquid, with their combined short positions exceeding $126 million.

BlockBeats News, September 5, according to OnchainLens monitoring, two cryptocurrency market-making institutions, Galaxy Digital and Wintermute, currently hold notably bearish positions on Hyperliquid. Among them:

Wintermute holds approximately $99.82 million in short positions and $5.12 million in long positions;

Galaxy Digital holds approximately $26.41 million in short positions and $6.21 million in long positions.

Together, they hold approximately $126.23 million in short positions, with only about $11.33 million in long positions. Over the past 30 days, addresses associated with both institutions have recorded losses, with Wintermute losing approximately $15.3 million and Galaxy Digital losing approximately $5.96 million.