Crypto news, Abraxas Capital main address increased ETH short positions by 2,338.50 tokens on the HyperLiquid platform, approximately $4,557,409.17. The address's holdings reached $22,364,116.15, with the average price adjusted from $2,250.32 to $2,198.65, current profit and loss is +$1,411,801.10 (+63.13%), current token price is $2,068.10, liquidation price is $2,827.78. The address has been building positions since May, once the largest contract fund whale on HyperLiquid, continuously taking profits since November, with holdings once reaching $920 million.

ETH-0.92%
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RationalRugChecker
· 9h ago
This position cost line adjustment is clever; each downward shift locks in profits.
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TheReflectionUnderTheNeon
· 10h ago
Starting from November, consistently taking profits, it seems there is a hesitation about bottom rebounds.
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RugProofRita
· 10h ago
In 4 months, it went from 920 million to 22 million—this Abraxas short cycle really nailed it.
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0xNoodleSoup
· 10h ago
The short position is still there but with a lighter position, is it waiting for a lower level or afraid of a rebound?
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QuietAirdropper
· 10h ago
Abraxas's position is truly secure; the average price was adjusted from 2250 to 2198, with an unrealized profit of 1.4 million dollars, a liquidation price of 2827, and still plenty of room.
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