Abraxas Capital Holds $451.85 Million in Mostly Short Hyperliquid Positions

Abraxas Capital held $451.85 million in Hyperliquid positions on Nov. 8, with nearly all of the exposure short, about 4.2 times Wintermute’s $107.59 million in perpetual-contract exposure. Abraxas’ short positions totaled $451.68 million, while its unrealized profit was $30.77 million. Bitcoin (BTC) was the largest listed short at $158.66 million. Other major positions were HYPE at $77.60 million, Ether (ETH) at $75.27 million and ZEC at $63.51 million. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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