「Abraxas Capital」 Subaddress recently increased its short position by nearly $200 million, bringing the total position size of the two addresses to $640 million.
BlockBeats News, October 29, according to HyperInsight monitoring, the Abraxas Capital subsidiary address (0xb83) has continuously deposited about $29 million into Hyperliquid over the past 3 days, and has been aggressively adding to short positions of BTC, ETH, and SOL since yesterday afternoon. As of the time of writing, the total nominal value of the position has increased from $67.75 million on the 27th to the current $253 million, and the main address (0x5b5) has also slightly increased its short position.
As of the time of writing, the major short positions of the two addresses have changed as follows compared to the 27th:
- ETH shorts: increased from $226 million to $273 million
- BTC shorts: increased from $124 million to $239 million
The total nominal value of the positions of the two Abraxas Capital addresses has increased from $480 million on the 27th to $690 million. In addition, the subsidiary address closed most of its short positions and withdrew nearly $100 million last week, with some funds transferred to the Binance hot wallet.
Both addresses of Abraxas Capital (0x5b5, 0xb83) are fully short, with a current account balance of approximately $191 million, ranking first in the contract holding account on Hyperliquid in the past 24 hours.
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