Hedge fund Abraxas suffers a floating loss of over $76 million, still remaining the largest short position
2026-10-09 03:10:32
CoinMeta Data: Smart Money data shows that two addresses of hedge fund Abraxas Capital are still the largest short holders of BTC and ETH for HyperLiquid. Among them, address 0xb83d added 3,195 ETH and 22.88 BTC in short positions today, with transactions totaling 10.09 million US dollars. It also opened new short positions in ZEC, SOL, and VVV, increasing the total short position size by over 13.6 million US dollars. This address currently holds 2,452.7 BTC and 86,500 ETH in short positions, with a value of 426 million US dollars, resulting in a total floating loss of 30.29 million US dollars. Another address, 0x5b5d, mainly reduced its existing short positions in HYPE, PUMP, and SOL today, while simultaneously increasing its short position by 156 ETH. Its current short positions in BTC and ETH are valued at 511 million US dollars, with a total floating loss of 46.16 million US dollars. The two addresses currently hold a total of 5,281.83 BTC and 194,200 ETH in short positions, with a total value of 936 million US dollars and a total floating loss of 76.45 million US dollars.
Source:Internet
This content is for market information only and does not constitute investment advice.
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