Wintermute's current top five short positions total approximately $108 million, with ETH having the largest short position size of approximately $48.99 million; BTC and SOL have short positions of approximately $25.65 million and $13.85 million, respectively, while HYPE and XRP have short positions of approximately $10.75 million and $9.03 million, respectively.
The BTC price rose from an average of about $63500 between August 12th and 18th to about $77700 on August 23rd. During the same period, the amount of open contracts calculated on a currency basis decreased from about 353500 BTC to about 312600 BTC, a decrease of about 11%, reaching the lowest level in at least a month. (Santiment)
According to MSX.COM data, the US optical communication sector experienced a general decline before trading, with Coherent falling nearly 5%, Lumentum falling over 4%, Maiwell Technology falling over 5%, and Corning falling nearly 4%.
The price of Bitcoin has risen by 30%, and Willy Woo stated that the increase in new capital inflows without increasing leverage is built on a more solid foundation. (CryptoQuant)