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      Wintermute Reports $1.73 Million Profit from Short Positions on Hyperliquid

      Wintermute has reported a floating profit of approximately $1.73 million from its short positions on Hyperliquid as the cryptocurrency market experiences a downturn. The firm currently holds around $149.2 million in short positions, significantly outweighing its $5.01 million in long positions.

      The breakdown of Wintermute's short positions includes about $58.36 million in Ethereum (ETH), $26.11 million in Solana (SOL), and $19.16 million in Bitcoin (BTC). This strategic shift has allowed Wintermute to capitalize on the declining market conditions, turning its previously unprofitable positions into gains.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud