Wintermute’s large short positions on Hyperliquid moved into profit as the crypto market declined. The firm’s short exposure stands at about $149.2 million, compared with roughly $5.01 million in long positions, with current unrealized profit at $1.73 million. Its biggest short positions include about $58.36 million in ETH, $26.11 million in SOL, and $19.16 million in BTC, according to Onchain Lens monitoring cited on August 31.