🚀 Bearish shield of Wintermute: Why does the market maker hold shorts worth $70 million?
A global on-chain audit of derivatives accounts recorded the deployment of an institutional wall of resistance.
The market maker Wintermute concentrated bearish potential in perpetual contracts, maintaining short positions worth over $70.49 million.
• Short ETH.
The main blow fell on the leading altcoin. Wintermute’s accounts hold a short position of 20,050 $ETH with a nominal value of $53.6 million and an average entry at $2,690.
• Altcoins.
To maintain control of the market, the giant distributed liquidity. In the order books, there are HYPE shorts worth $9.24 million with an entry at $98.28, positions in XRP, SOL, DOGE, as well as an order for 49.86 $BTC with an entry at Briefly $83,130.
• Bottom line.
The combined net profit from these positions has already reached +$1.62 million. Holding such volumes creates artificial price suppression, completely blocking momentum and turning the crowd’s longs into fuel.
$HYPE
Subscribe to the channel—here we break down the maneuvers of big capital without boring theory or market illusions! 🚀
#Wintermute #MarketMaker #OnchainAnalysis #Arkham #ShortPosition #BTC #ETH #HYPE #BinanceSquare
A global on-chain audit of derivatives accounts recorded the deployment of an institutional wall of resistance.
The market maker Wintermute concentrated bearish potential in perpetual contracts, maintaining short positions worth over $70.49 million.
• Short ETH.
The main blow fell on the leading altcoin. Wintermute’s accounts hold a short position of 20,050 $ETH with a nominal value of $53.6 million and an average entry at $2,690.
• Altcoins.
To maintain control of the market, the giant distributed liquidity. In the order books, there are HYPE shorts worth $9.24 million with an entry at $98.28, positions in XRP, SOL, DOGE, as well as an order for 49.86 $BTC with an entry at Briefly $83,130.
• Bottom line.
The combined net profit from these positions has already reached +$1.62 million. Holding such volumes creates artificial price suppression, completely blocking momentum and turning the crowd’s longs into fuel.
$HYPE
Subscribe to the channel—here we break down the maneuvers of big capital without boring theory or market illusions! 🚀
#Wintermute #MarketMaker #OnchainAnalysis #Arkham #ShortPosition #BTC #ETH #HYPE #BinanceSquare
