Wintermute cuts short position by more than half to $80.5M

A wallet believed to be linked to crypto market maker Wintermute, beginning with 0xecb6, has reduced its short position on Hyperliquid from $211.53 million to $80.48 million. According to Onchain Lens, the address currently holds an $80.48 million short position and a $5.51 million long position. Its HYPE short position increased from $5.6 million to $10.2 million, according to the same source.