Wintermute's $102M ETH Short Bet Hits New High
Wintermute has significantly increased its exposure to perp shorts, taking it up to $102.1M in total value.
The largest short position is a 15.33K ETH bet valued at $38.47M from the address 0xecb63caa47c7c4e77f60f1ce858cf28dc2b82b00.
This strategy has yielded a lifetime profit of +$176.88M, despite a recent 30-day loss of $12.04M.
The current ETH price is at $2520.38 within the Bollinger Bands, with an upper resistance level at $2566.97.