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Wintermute Adds $10M+ XRP Short as Hyperliquid Exposure Grows

COINOTAG·August 24, 2026·1 min read
Wintermute Adds $10M+ XRP Short as Hyperliquid Exposure Grows

Wintermute, a crypto market-making firm, sharply increased its bearish exposure on the Hyperliquid derivatives platform, adding an XRP short position now exceeding $10 million. This move signals growing bearish sentiment on XRP among institutional traders, potentially impacting the token's price dynamics in the derivatives market.

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