🚨 $1.2B Short Exposure on Hyperliquid

Abraxas Capital’s short positions on #Hyperliquid have reportedly reached around $1.2B, with unrealized losses exceeding $100M.

If accurate, the size of the position could become a major point of market attention as price volatility increases.

⚠️ Large leveraged positions carry significant liquidation risk. Trade with caution and verify on-chain data before acting.
$HYPE


#HYPE