According to CoinMeta, Abraxas Capital holds an open short position of $452 million in Hyperliquid, which is almost entirely short positions, and this amount is approximately four times the size of Wintermute's $107.59 million perpetual contract exposure. The company has not realized a profit of $30.77 million, with a total short exposure of $451.68 million. The largest short positions are $158.66 million for BTC, $77.60 million for HYPE, $75.27 million for ETH, and $63.51 million for ZEC.