Wallets that outside labels associate with Wintermute spent about $824,000 in Hyperliquid priority auctions over 30 days, but most of their cumulative profits came before the program began.
That outlay works out to roughly $10 million a year at the same pace. Average daily bids fell to about $10,000 starting Wednesday, Nov. 11, from roughly $30,000.
The addresses show about $229.7 million in profits dating to 2024; roughly $204 million of that total predates the auction system’s April 2026 debut. In the roughly seven months after launch, the accounts made about $25.6 million while spending about $3.58 million on seat auctions. Those totals do not isolate returns from auction access, as the accounts also held sizable hedges in perpetual contracts.
Successful bidders receive a short-lived advantage in trading flow, giving them time to change prices or reduce risk elsewhere. Third-party tags link the wallets to Wintermute; the firm has not officially identified the addresses. EconoTimes previously reported on cumulative Hyperliquid auction spending through Oct. 23.
