Hyperliquid's largest short seller "Abraxas Capital" has unrealized profits exceeding 50 million dollars from two addresses, with a total position size reaching 760 million dollars

According to monitoring by HyperInsight, the total account balance of two addresses marked as Abraxas Capital (0x5b5, 0xb83) has increased from $165 million last Monday to $256 million. In the past 24 hours, they ranked first in contract holding accounts on Hyperliquid, with the total nominal value of the two addresses' positions rising from $480 million to $760 million.

In the past 24 hours, Abraxas Capital has continued to significantly increase its short positions in BTC and ETH. Currently, the changes in the main short positions of the two addresses compared to last week are as follows: ETH increased from $226 million to $267 million, BTC from $124 million to $280 million, and HYPE from $97.4 million to $103 million. Additionally, monitoring shows that the total unrealized profit of the two addresses has reached $50.2 million. Among the current 22 short positions, only the main address (0x5b5) has an unrealized loss on its ETH short position, with an average holding price of $3,531 and an unrealized loss of $12.57 million (approximately 54%).