Data: Abraxas Capital's short position on Hyperliquid approaches 1 billion USD

According to monitoring by Lookonchain, Abraxas Capital currently has a short position on Hyperliquid exceeding 980 million dollars, which includes 168,500 ETH shorts with a nominal value of approximately 423.7 million dollars, and 2,771 BTC shorts with a nominal value of approximately 214 million dollars.

The remaining short positions also involve other crypto assets. If the above positions remain unchanged, Abraxas Capital's current bet against the market downturn is approaching 1 billion dollars.