MORE THAN A BILLION IN SHORT POSITIONS, and the market pumping continuously .
Abraxas’ Hyperliquid Shorts Just Hit $1.2B .Their short exposure on Hyperliquid has now ballooned to around $1.2 billion, and the positions are already sitting on more than $100M in unrealized losses.
That’s a pretty wild amount of leverage to be carrying while the market keeps moving against the shorts. The interesting part now is how they manage the positions if the squeeze continues.
Addresses:
0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36
0x5b5d51203a0f9079f8aeb098a6523a13F298C060
Abraxas’ Hyperliquid Shorts Just Hit $1.2B .Their short exposure on Hyperliquid has now ballooned to around $1.2 billion, and the positions are already sitting on more than $100M in unrealized losses.
That’s a pretty wild amount of leverage to be carrying while the market keeps moving against the shorts. The interesting part now is how they manage the positions if the squeeze continues.
Addresses:
0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36
0x5b5d51203a0f9079f8aeb098a6523a13F298C060
