Onchain Lens reported that Wintermute began booking profits on its short positions after the CLARITY Act failed to advance.

Odaily noted that the firm's short exposure fell from $102.1 million to $55.54 million, while unrealized profit rose from $928,000 to $2.28 million.

Its ETH short position declined from 15,330 ETH to 7,810 ETH.

Cumulative profit reached $179.89 million.