🚨 BEARISH: Wintermute, one of the largest digital asset liquidity providers, is reportedly holding a massive short exposure across the market.
According to Ochain Lens, the market maker has around $190.8M in short positions on Hyperliquid, with exposure concentrated in:
$53M $ETH
$30.7M $BTC
$22.6M SOL
$11.4M HYPE
$10.2M XRP
These positions are currently sitting at an unrealized loss of $5.85M.
Despite that, Wintermute remains up roughly $203.6M in lifetime PnL.
The size of these pos...
Top Losers Still Bleeding — Selling Pressure Not Over Yet
The downside pressure continues, and several coins are still getting hit hard.
$US is leading the losers with a massive -17.95% drop, currently trading around $0.01726.
$ZHONGJIis also under heavy selling pressure, down -11.50% around $129.54.
$CLO has dropped -10.80% to nearly $0.09515, while $SKYAI is down -10.64%, trading close to $0.06050.
These are not small pullbacks. Double-digit losses show that sellers are still dominating ...
Bitcoin $BTC is holding above $77,600 as the market takes a breather after an impressive 21% weekly rally.
BTC is currently trading around $77,605, up 1.77%, while ETH is at $2,462, gaining 2.83%.
Total crypto market cap stands at $2.72T with Bitcoin dominance at 57.3%.
The Fear & Greed Index is sitting at 73, showing strong greed, while the Altcoin Index remains relatively weak at 42/100.
The market is now watching closely for Fed Chair Kevin Warsh’s first Jackson Hole address, which could...