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Enormous XRP Short Opened by Wintermute

U.Today·August 24, 2026·1 min read
Enormous XRP Short Opened by Wintermute

Wintermute, a market-making firm, has sharply increased its bearish exposure on Hyperliquid, with XRP being among its five largest short positions. This move signals potential downward pressure on XRP's price, reflecting market sentiment and trading strategies in the crypto derivatives space.

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