Huo Xing Finance reports that on July 20, according to OnchainLens monitoring, Abraxas Capital deposited 3 million USDC into Hyperliquid and further increased its short positions. It currently holds approximately 796.4 BTC short positions (around $51.5 million) and 31,640 ETH short positions (around $59.2 million). Since its last disclosure two days ago, both its BTC and ETH short positions have significantly increased.
Abraxas Capital Adds 3M USDC to Hyperliquid Short Positions, BTC and ETH Shorts Increase
MarsBitShare
Summary
Abraxas Capital added 3 million USDC to its Hyperliquid short positions, focusing on support and resistance levels. The firm now holds 796.4 BTC shorts ($51.5M) and 31,640 ETH shorts ($59.2M), a significant increase from two days ago. This move reflects a strategy for capital protection amid changing market conditions.
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