On September 2, Tradingbeats monitoring showed that Wintermute’s address held short positions across 83 assets, with total notional short exposure of about $125 million and overall unrealized gains of about $1.43 million. According to BlockBeats On-chain Detection, after excluding small dust positions below $10,000, 71 short assets remained.
Its largest position was a short on ETH, with about 20,783.66 ETH currently held short, a position value of about $50.13 million, and 15x cross leverage. The average opening price was about $2,442.1, while the current mark price was about $2,412.1, leaving unrealized gains of about $623,600.
Other large shorts included about $14.51 million in SOL shorts, with unrealized gains of about $400,200; about $13.12 million in BTC shorts, with unrealized losses of about $36,900; and about $7.27 million in HYPE shorts, which were close to breakeven with unrealized gains of about $2,161. The top four short positions totaled about $85.04 million, accounting for roughly 68% of its total short exposure.