Fasnara Capital Holds $192M in Shorts, 86.3% of Total Positions

Fasnara Capital had about $192 million in short positions on Hyperliquid on Wednesday, equal to 86.3% of its roughly $222 million in total positions, while the account showed an overall unrealized loss of $5.63 million.

Among its main positions, Bitcoin (BTC) shorts were valued at $51.53 million and carried a $774,500 unrealized loss. Ether (ETH) shorts were worth $51.15 million and showed a $1 million unrealized gain. Together, those positions and the account’s $26.33 million in Zcash (ZEC) shorts totaled about $129 million. The ZEC position had a $1.39 million unrealized loss.

The account also held a $21.68 million long position in SKHY, which was down $2.64 million. The unrealized results varied across the listed positions, with the ETH short in profit and the BTC, ZEC and SKHY positions in loss.

Fasnara Capital’s account showed $10.08 million in profit over the past 30 days and about $122 million in historical cumulative profit. The snapshot pairs those positive figures with a current overall unrealized loss.