Galaxy Digital and Wintermute are heavily short-biased on Hyperliquid with combined $126M shorts versus $11M longs, both down significantly over 30 days.

DeFi & Yields · 2026-09-05

Galaxy Digital and Wintermute hold combined shorts of $126.23M against longs of $11.33M on Hyperliquid, positioning both market makers heavily bearish on the platform. Over the past 30 days, Wintermute has declined $15.30M and Galaxy Digital has declined $5.96M, reflecting losses on their positions.

Previously on Telem

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