$512 million, earned by shorting.
Abraxas's two hedge accounts have made a cumulative $512 million on Hyperliquid.
A month ago, profits stood at $331 million and short positions at $1.45 billion; now, short positions are down to just $572 million.
I think the smart money has already cashed out and left. Those still betting on a bottom are the ones left holding the bag.
Which side are you on: skill or luck?
@Binance_News $BTC $ETH #Hyperliquid #Bitcoin
Abraxas's two hedge accounts have made a cumulative $512 million on Hyperliquid.
A month ago, profits stood at $331 million and short positions at $1.45 billion; now, short positions are down to just $572 million.
I think the smart money has already cashed out and left. Those still betting on a bottom are the ones left holding the bag.
Which side are you on: skill or luck?
@Binance_News $BTC $ETH #Hyperliquid #Bitcoin
