A recent snapshot of a Wintermute-linked wallet on Hyperliquid revealed approximately $190.77 million in short positions, with Ethereum leading at $53.02 million.
The XRP position was $10.19 million, representing around 0.28% of the total open interest market.
XRP had just seen a 47% price increase over seven days, trading near $1.47 on August 24.
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