Wintermute Hyperliquid Wallet Shows Nearly $1.9 Million Profit on $74.9 Million Positions

A Hyperliquid whale later booked about $207,000 from short positions in MU and SNDK as both U.S. storage-related stocks declined in premarket trading on April 2, adding a new profitable trade update to the topic.

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Summary

The topic initially tracked a Hyperliquid wallet linked to Wintermute showing nearly $1.9 million in profit on $74.9 million in open positions, including a $25.6 million Bitcoin long and roughly $24 million in Ethereum, HYPE, and Solana shorts, with dense orders placed near spot prices during a broader market pullback. New information adds that a Hyperliquid whale made about $207,000 from short positions in MU and SNDK on April 2 as both U.S. storage-related stocks fell in premarket trading. The trader opened a $1.86 million SNDK short at an average of $707.4 and a $1.95 million MU short at $376.2; the MU position was fully closed for a $112,000 profit, while the SNDK trade partially took profit on about $498,000.

Terms & Concepts
  • short position: A trade designed to profit when the price of an asset declines.
  • long position: A trade that benefits when the price of an asset rises.
  • spot price: The current market price at which an asset can be bought or sold immediately.