Data: Abraxas Capital opened a 10x short position in crude oil on Hyperliquid, with a nominal value of approximately 13.98 million USD

According to on-chain analysis platform Lookonchain, Abraxas Capital opened a 10x leveraged short position on crude oil (CL) on the decentralized perpetual contract platform Hyperliquid within the last 13 hours, involving 146,601 contracts with a nominal value of approximately 13.98 million USD.

Its associated wallet address 0x5b5d has achieved a historical cumulative profit of 165.94 million USD on Hyperliquid.