# Abraxas Capital Holds $393M in Hyperliquid Shorts; Cumulative Profit Is $274M By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/55923 Published: 2026-11-12T21:30:18.000Z Updated: 2026-11-12T21:30:18.000Z Section: Investing > A $147 million Bitcoin (BTC) short showed $9.15 million in profit. The firm had $115 million in profit over the past 30 days. Abraxas Capital holds $393 million in short positions on Hyperliquid, with $63.49 million in unrealized profit on open positions. The positions included a $147 million short in Bitcoin (BTC), showing $9.15 million in profit. Abraxas Capital also had $115 million in profit over the past 30 days. Its cumulative profit was $274 million. On Nov. 11, a [snapshot of Abraxas Capital-linked Zcash shorts]() showed $34.98 million in unrealized profit. ## Links in this article - [snapshot of Abraxas Capital-linked Zcash shorts](https://www.tokenpost.com/news/investing/54815)