Wintermute: Builds $102M ETH Shorts

Wintermute has expanded its perp shorts to $102.1M total exposure while depositing fresh capital, with the largest bet a 15.33K ETH short valued at $38.47M from address 0xecb63caa47c7c4e77f60f1ce858cf28dc2b82b00.

Its lifetime PnL stands at +$176.88M despite a 30D loss of $12.04M, underscoring a seasoned perp shorts strategy amid shifting derivatives flows that often precede ETH price prediction adjustments and crypto market crash signals.

Price sits at $2520.38 inside the Bollinger Bands with upper resistance at $2566.97, while the EMA50 at $2490.85 and EMA200 at $2315.25 anchor the bullish structure; neutral RSI at 54.35 paired with the MACD death cross at 5.03 suggests a healthy pullback toward the 50-EMA before any continuation higher.