Abraxas Capital wallet posts record $193M cumulative PnL on Hyperliquid perps
A wallet tied to crypto investment firm Abraxas Capital has recorded $193 million in cumulative profit and loss from trading perpetual futures on Hyperliquid, setting a record high.
The wallet now has the highest cumulative perpetual futures profit on Hyperliquid. Still, the position is hedged with spot holdings, so the full $193 million should not be viewed as net realized profit.
The wallet currently holds about $207.44 million in $USDC, with cumulative trading volume of $5.43 billion and open interest of $725 million.
#Hyperliquid $HYPE
A wallet tied to crypto investment firm Abraxas Capital has recorded $193 million in cumulative profit and loss from trading perpetual futures on Hyperliquid, setting a record high.
The wallet now has the highest cumulative perpetual futures profit on Hyperliquid. Still, the position is hedged with spot holdings, so the full $193 million should not be viewed as net realized profit.
The wallet currently holds about $207.44 million in $USDC, with cumulative trading volume of $5.43 billion and open interest of $725 million.
#Hyperliquid $HYPE