Latest Update
2026-10-25 18:59 UTC

Abraxas Capital: $353M Hyperliquid Hedging Profit

Abraxas Capital: $353M Hyperliquid Hedging Profit

Lookonchain reports that Abraxas Capital's two hedging accounts on Hyperliquid have generated over $353 million in total profits while currently holding more than $1.29 billion in short positions.

Source

Analysis

Abraxas Capital's two hedging accounts on Hyperliquid have generated over $353M in total profit, according to @lookonchain. The accounts currently hold more than $1.29B in short positions on the onchain perpetuals platform.


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