A wallet associated with Abraxas Capital deposited $2 million into Hyperliquid and holds a large short position.

According to monitoring by Onchain Lens, a wallet associated with Abraxas Capital, which has accumulated profits of 173.75 million USD on Hyperliquid, deposited 2 million USD into Hyperliquid. The account currently holds positions worth 35.92 million USD, 98.5% of which are short positions. Its largest positions include: 5x HYPE short (20.51 million USD, unrealized loss of 3.95 million USD), 10x SOL short (6.76 million USD, unrealized loss of 72 thousand USD), 4x GOLD short (5.44 million USD, unrealized gain of 184 thousand USD), and 5x FARTCOIN short (2.04 million USD, unrealized gain of 1.06 million USD). The current outstanding positions have an unrealized loss of 2.55 million USD, and a funding rate income of 9.87 million USD has been earned.