Data: "Abraxas Capital" initially tested long positions in BTC and continued to add to their holdings for the first time, pushing the total to 5 million USD

ChainCatcher reports that, according to Hyperinsight monitoring, in the past two hours, the former Hyperliquid platform main short position “Abraxas Capital” increased their BTC long positions by 54 coins (approximately $4.2 million), bringing their total long position to $5 million, with an average price of $77,450.

This address fully closed their BTC short position on April 12, then attempted a small long position at a BTC price of around $74k. Today, they initiated rolling their positions for the first time, and as of press time, they are still building their position.

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