ChainCatcher report, according to Hyperinsight monitoring, the market experienced significant volatility, with market makers likely absorbing a large volume of buy orders. On the Hyperliquid platform, two major market-making addresses—Wintermute and Auros Global—both incurred varying degrees of losses. Wintermute’s market-making address recorded a daily loss of approximately $1.1 million, with primary positions including $23.4 million in ETH longs and $16.3 million in BTC shorts, while providing liquidity for 96 tokens. Auros Global’s market-making address recorded a daily loss of approximately $400,000, with primary positions including $44.8 million in BTC longs and $18 million in SOL and XRP longs, while providing liquidity for 175 tokens.
Market volatility impacts Hyperliquid's key market makers, Wintermute and Auros Global, which report losses.
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Summary
Market trends triggered sharp losses for Hyperliquid’s top market makers as volatility surged. Wintermute’s address lost approximately $1.1 million daily, holding $23.4 million in ETH longs and $16.3 million in BTC shorts across 96 tokens. Auros Global’s address declined by around $400,000, with $44.8 million in BTC longs and $1.8 million in SOL and XRP longs across 175 tokens. Market cycles continue to test liquidity providers.
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