# Wintermute Holds $93 Million in Hyperliquid Short Positions

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/24848
Published: 2026-09-28T10:50:51.000Z
Updated: 2026-09-28T10:50:51.000Z
Section: Investing

> The market maker also holds about $5.12 million in longs, including a Bitcoin position, while its largest short is Ether at roughly $47.19 million.

Wintermute holds about $93 million in short positions on Hyperliquid, compared with roughly $5.12 million in longs, creating a sharply one-sided position mix on the trading platform.

The market maker’s largest short is Ether (ETH), valued at about $47.19 million, with an entry price of $2,682.86 and an unrealized gain of approximately $490,000. The position’s liquidation price is $5,398.49.

Other major shorts include SOL at about $11.39 million, HYPE at $10.04 million, DOGE at $7.25 million and XRP at $6.02 million. Their unrealized gains were approximately $100,000, $240,000, $190,000 and $150,000, respectively.

Wintermute’s long exposure consists of a Bitcoin (BTC) position worth about $5.12 million, opened at $82,888.30. Its remaining listed shorts include PUMP at about $5.03 million, ENA at $3.08 million and SUI at $2.65 million. PUMP and ENA showed unrealized losses of roughly $400,000 and $230,000, while SUI showed an unrealized gain of about $10,000.