Wintermute, one of the leading market makers in the cryptocurrency sector, has increased the total size of its short positions on Hyperliquid to $211.53 million. According to the latest data, the company increased its overall exposure to short positions while reducing its short position in HYPE by roughly half.

According to data shared by Onchain Lens, Wintermute’s total short positions on Hyperliquid increased from $190.77 million to $211.53 million. By contrast, the company’s short position in HYPE decreased from $11.43 million to $5.60 million.

Wintermute’s short positions are as follows:

• Bitcoin (BTC): $70.80 million

• Ethereum (ETH): $53.83 million

• Solana (SOL): $17.63 million

• XRP: $7.41 million

• Dogecoin (DOGE): $6.79 million

• Hyperliquid (HYPE): $5.60 million

• Pump.fun (PUMP): $5.17 million

• Ethereum (ENA): $3.25 million

Wintermute’s largest short position is in Bitcoin, worth $70.80 million, followed by Ethereum, worth $53.83 million. The size of the short position in SOL is $17.63 million.

According to the data, the total size of Wintermute’s open perpetual positions is approximately $217.49 million. Of this amount, $211.53 million corresponds to short positions and $5.96 million to long positions.

The company’s unrealized losses from open positions currently amount to approximately $4.12 million. In contrast, Wintermute has generated approximately $2.27 million in revenue from funding payments.

Another notable detail was the reduction of positions in HYPE. Wintermute’s short position in HYPE, which previously stood at $11.43 million, was reduced by about half to $5.60 million.