Abraxas Capital deposited 3 million USDC into Hyperliquid on July 19, according to on-chain monitoring. According to BlockBeats On-chain Detection, the firm is also increasing its short positions.
Its Bitcoin short position has risen to 364.9 BTC, while its Ethereum short position has increased to 19,020 ETH. The article said the notional value of the Bitcoin short position is about $23.3 million, and the notional value of the Ethereum short position is about $35.08 million.
Abraxas Capital Deposits 3 Million USDC Into Hyperliquid as Short Positions Increase
2026-07-18 16:13:49
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