# Wintermute-Linked Wallets Spent $824,000 on Hyperliquid Auctions By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/57791 Published: 2026-11-15T12:12:22.000Z Updated: 2026-11-15T12:12:22.000Z Section: Investing > About $204 million of the wallets’ roughly $229.7 million in cumulative profits came before Hyperliquid launched the auction system in April 2026. Wallets carrying third-party labels linking them to Wintermute spent about $824,000 on Hyperliquid auctions over the past 30 days, an annualized pace of about $10 million. Hyperliquid’s priority auctions give successful bidders early access to trading flow, creating a brief window to adjust quotes or hedge on other venues. The wallets reduced their bidding beginning Nov. 11, with average daily spending falling from about $30,000 to about $10,000. The accounts’ cumulative profits since 2024 total about $229.7 million. Roughly $204 million came before the auction system launched in April 2026. During the roughly seven months after launch, the accounts recorded about $25.6 million in profits and spent about $3.58 million on seat auctions. Those profits cannot be attributed directly to auction access: the accounts also held large hedging positions in perpetual contracts. The Wintermute connection relies on third-party labels rather than an official disclosure by the firm. In earlier auction data, a [Wintermute-linked wallet won about 76% of Hyperliquid’s highest-priority auctions](). ## Links in this article - [Wintermute-linked wallet won about 76% of Hyperliquid’s highest-priority auctions](https://www.tokenpost.com/news/investing/55808)