Wintermute is short on all big assets except for BTC

The recent market volatility brought a new wave of scrutiny on the positions of Wintermute. The leading market maker has been closely watched for spot and derivative positions, with the potential to sway the price of BTC and other assets. 

Wintermute holds large-scale short positions on most of the crypto market, based on Hyperliquid on-chain data. The market maker’s positions have been identified by Arkham Intelligence, listing 129 derivative positions on Hyperliquid. 

As Cryptopolitan reported, Wintermute increased its influence by carrying an even larger share of institutional trades and positions. Wintermute also registered with the US SEC as a broker-dealer, becoming an even more important player in crypto trading.

In the past week, Wintermute’s activities were closely tracked as a source of signals for BTC and other assets. In the past week, on-chain explorers showed Wintermute sent 3,834.3 BTC to Binance, with around 590 BTC in the past day. The latest inflows of Wintermute funds to exchanges are seen as the strongest signal for a shift in price direction. 

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