Wintermute: Opens $126M Shorts on Hyperliquid

Wintermute opened $126.25M in short positions across Hyperliquid perpetual futures, headlined by a $46.92M ETH short alongside $11.30M in SOL and $10.03M in HYPE.

The address 0xecb63caa47c7c4e77f60f1ce858cf28dc2b82b00 shows current profits near $964K and lifetime gains of $197.22M from similar Hyperliquid activity over the past year.

ETH price action at $2666.32 hugs the EMA50 resistance at $2667.35 while the EMA200 support sits at $2495.93, confirming the broader bearish trend; MACD death cross at -4.63 and neutral RSI of 45.34 suggest limited momentum, with price inside the Bollinger band eyeing $2725 upper resistance before any retracement toward the $2651 lower band support.