📉 ABRAXAS CAPITAL ACCUMULATES $472M IN SHORT POSITIONS ON HYPERLIQUID 🚨

​The firm Abraxas Capital holds more than $472 million in short positions (shorts) in perpetual contracts on the Hyperliquid platform, according to data from ChainCatcher 📊.

​Portfolio breakdown:
Bitcoin (BTC): $126 million in shorts (BTC -3.6%).
Ethereum (ETH): $120 million (ETH -3.36%).
Solana (SOL): $73 million (SOL -5.17%).
​Hyperliquid (HYPE): $72 million.

​The strategy generated $21 million in gains over the last 24 hours, bringing the fund’s total assets above $200 million 📈.

#AbraxasCapital #Hyperliquid #BTC #Trading
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