Third print of the four desks' net perp book on Hyperliquid - Fasanara, Wintermute, Auros + the Mystery MM (34 wallets, our clustering) - from our own 5-minute capture.
Aug-13 -193M at 63.4k > Aug-25 -397M at 79.2k > today -344M at 77.6k. Housekeeping on print one: it read -240M because the Mystery cluster's 34 wallets were counted on top of their master book - one book, two mirrors. Clean it's -193M, the direction stands.
All four have been net short together for 22 days straight, since Aug-8 with BTC at 64,909, and the book went as deep as -606M on Aug-23. Alts carry -289M of today's -344M. The BTC leg got trimmed, 840 > 716 BTC.
Receipt: the last time all four sat short this long - 37 days, Jul-1 to Aug-6 - the streak broke at 64,256 and BTC ran +22% in the next 20 days. A desk book is inventory, not a view - the first desk to flip green is the tell. We print it daily.
$BTC
Aug-13 -193M at 63.4k > Aug-25 -397M at 79.2k > today -344M at 77.6k. Housekeeping on print one: it read -240M because the Mystery cluster's 34 wallets were counted on top of their master book - one book, two mirrors. Clean it's -193M, the direction stands.
All four have been net short together for 22 days straight, since Aug-8 with BTC at 64,909, and the book went as deep as -606M on Aug-23. Alts carry -289M of today's -344M. The BTC leg got trimmed, 840 > 716 BTC.
Receipt: the last time all four sat short this long - 37 days, Jul-1 to Aug-6 - the streak broke at 64,256 and BTC ran +22% in the next 20 days. A desk book is inventory, not a view - the first desk to flip green is the tell. We print it daily.
$BTC
