Post

IS WINTERMUTE BETTING ON A PULLBACK? After a strong weekly rally, $BTC suddenly fell back toward $75.5K, $ETH dropped nearly 5%, and $XRP lost around 6.5%. At the same time, data cited by Onchain Lens showed Wintermute holding about $146.19M in short positions on Hyperliquid, compared with only $13.85M in longs. Hidden signal: Wintermute’s shorts may simply be hedges. The bigger risk is a domino effect from overcrowded long positions.