ChainCatcher report, according to HyperliquidNews monitoring, Abraxas Capital holds perpetual futures short positions totaling over $472 million, including $126 million in Bitcoin native asset shorts, $120 million in Ethereum native asset shorts, $73 million in SOL shorts, and $72 million in Hyperliquid native asset shorts. This wallet generated a $21 million profit in the past 24 hours, with total equity exceeding $200 million.
Abraxas Capital holds $472 million in perpetual contract short positions, earning $21 million in 24 hours.
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Summary
Abraxas Capital is applying value investing principles in crypto through aggressive short positions in perpetual futures, totaling $472 million. This includes $126 million in Bitcoin-native assets, $120 million in Ethereum-native assets, $73 million in SOL, and $72 million in Hyperliquid-native assets. The wallet earned $21 million in 24 hours, with total equity now exceeding $200 million.
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