Wintermute’s five largest short positions total about $108 million, with the ETH position the largest at approximately $48.99 million. Short positions are trades that benefit from price declines. Bitcoin and Solana short positions stand at about $25.65 million and $13.85 million, while HYPE and XRP positions total roughly $10.75 million and $9.03 million, respectively, Odaily Planet Daily reported.