The 10 best codes in the winter are now short: Is your wallet affected? star-news.press/wp

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Wintermute greatly shortens the market, with a few long positions. Its strategy shows increased caution, especially towards distinctive symbols and icons.

Wintermute market maker makes bold movements behind the scenes. While the markets fluctuated, the trading giant took a defensive turn, converted its strategy calmly and reshapes its bets.

What drives the change, and what can this mean for the rest of the market?

Defense portfolio and calculated condemnation

winter Current location identification It appears a clear preference for the short pants, tending approximately 70 % of its $ 123 million wallet across ten assets.

On the contrary, the company has four long -term positions – Bitcoin (BTC), SUI (SUI), DOGECOIN (Doge), and S&P 500 (SPX) – each remains relatively modest in size compared to the aggressive short exposure.

Source: x

Its length on Bitcoin is the largest of $ 10.38 million (20x financial lever), with a return of 13.95 %. Of course, prominent returns are from short pants.

The bets against Trump (Trump) and Ripple (XRP) have been greatly resulted in, as it was transferred to 127.99 % and 78.11 %, respectively.

This is a clear sign that the sharp eye of the negative plays works well in a fragile market.

No confidence in altcoins?

Wintermute wallet is a sign of caution in the wider market.

Heavy short situations on the origins of the blue slide such as ETHEREUM (ETH), Solana (Sol), and Curve Dao (CRV) deep doubts about the upward trend in the near -term.

ETH is a few $ 26.3 million (15x), with a return -27.33 %, highlighting the company’s conviction.

Meanwhile, the bold abbreviation of the company appears from small symbols such as Fartcoin (Fartcoin), POMP.fun (PUMP) strategy to get rid of assets that focus on low -flying assets.

Derivatives are still upward, but Sol faces the opposite winds

Despite the defensive tendency of the Wintermute team, most derivative derivatives are still long.

BTC and BitMex, BitMex, Bybit and OKX financing rates are still positive, indicating that traders expect prices to rise.

The open interest is still high, as BTC is about $ 79.55 billion and ETH near 46.97 billion dollars, per Coinalyze.

Source: Coinalyze

However, Solana flashing early warning signs.

Source: Coinalyze

Funding rates on negative Sol turned through multiple exchanges. The open interest also fell from more than $ 12 billion to approximately 9.14 billion dollars.

It is worth noting that Wintermute holds a short position worth $ 14.7 million in Sol – which expects more sales.

If the BTC or ETH financing becomes negative after that, it may confirm a wider short pressure with a shortcut in Wintermute of $ 26 million on ETH.

Until then, Solana’s behavior may be the early warning system.

Small Wintermute hat shorts – Beware of retail?

Wintermute appears to shorten with low symbols such as Trump, Ferkin and Pump-with highly open origin for market hats.

Trump Future OI’s futures reached $ 368 million, and Varten at $ 687 million at the time of the press, both of which offer signs of accumulation of retail.

Source: Coinglass

POMP, despite the collapsed price, still holds $ 434 million in OI. These are likely to be liquidity plays, with the shortening of the winter to gatherings driven by crowds.

Source: Coinglass

XRP has emerged with $ 7.23 billion in OI, indicating a broader market participation. For merchants, acute OI mutations in these names can indicate an interaction fragmentation behavior, and the potential traps that have been developed by more intelligent funds.

The timing of entries about these flows is the key.

The Wintermute Strategy of Risk, Heavy Settings, and focus on retail forts indicate a sharp divergence of derivative derivatives.

If the financing is negative on BTC or ETH, it may be proven in its position.