On-chain watch: Abraxas address holds approximately $452 million in short positions on Hyperliquid

TechFlow reported on November 8 that, according to OnchainLens monitoring, the Abraxas Capital address held open positions on Hyperliquid with a notional value of approximately $451.85 million, including short positions of about $451.68 million and unrealized profit of about $30.77 million.

The largest short positions held by the address included approximately $158.66 million of BTC, $77.6 million of HYPE, $75.27 million of ETH, and $63.51 million of ZEC.

Source: TechFlow