Wintermute, a market-making address on Hyperliquid, reported a $1.9 million profit today, with its total position size reaching $74.9 million. The address holds a $25.6 million long position in Bitcoin and approximately $24 million in short positions across Ethereum, HYPE, and Solana. Despite the overall market pullback, Wintermute actively provided liquidity by absorbing significant BTC buy orders and maintaining orders within a $2,000 range around the current price. The order book shows buy orders exceeding sell orders in size.
Wintermute Profits $1.9M Amid Crypto Market Pullback
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
