Market maker Wintermute profited $4 million through short positions on Hyperliquid during the crypto market downturn.
The changes in its positions are as follows: open interest decreased from $125.87 million to $107.8 million, short positions decreased from $115.76 million to $84.7 million, and cumulative profit/loss increased from $222.01 million to $226.66 million.
Wintermute still holds a large short position at address 0xecb6…2b00. (Onchain Lens)