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Abraxas Capital-Linked Hyperliquid Shorts Fall to $572 Million

Cumulative profit for the two hedge accounts exceeded $512 million in the same snapshot.

By Enna Lee
Published
A steel balance holds dark weights against a charcoal surface / TokenPost.ai
A steel balance holds dark weights against a charcoal surface / TokenPost.ai

Two hedge accounts linked to Abraxas Capital saw their combined short positions on Hyperliquid fall to $572 million by 1:10 a.m. ET Nov. 14 (6:10 UTC), while cumulative profit topped $512 million.

The Nov. 14 position value was below the more than $1.29 billion in an Oct. 25 snapshot of the accounts’ Hyperliquid shorts.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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