---
title: "Crypto Market Maker Wintermute Nets $227 Million on Hyperliquid, Holds $72 Million in Shorts"
url: https://thecoingazette.com/crypto-market-maker-wintermute-nets-227-million-on-hyperliquid-holds-72-million-in-shorts/
date: 2026-11-12
modified: 2026-11-12
lang: en
author: "Coin Gazette Editorial"
description: "According to Onchain Lens, crypto market maker Wintermute has recorded approximately $227 million in..."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
image: https://i0.wp.com/thecoingazette.com/wp-content/uploads/2026/05/logo-with-slogan-1.webp?w=1400&fit=1400,960&ssl=1
word_count: 59
---

# Crypto Market Maker Wintermute Nets $227 Million on Hyperliquid, Holds $72 Million in Shorts

According to Onchain Lens, crypto market maker Wintermute has recorded approximately $227 million in cumulative PnL on Hyperliquid, including $18.9 million in profits over the past 30 days. Its current positions total $92.45 million, including $72.45 million in shorts, with $3.13 million in unrealized gains. Major short positions include ETH ($13.84 million), SOL ($11.24 million) and HYPE ($6.51 million).