Abraxas Capital earns $340M on shorts, total volume $1.3B

Market & Analysis· 23 h ago

By: Christison Roy · Oct 26, 2026, 05:16 UTC

Abraxas Capital traders earned $340 million from short positions, with total shorts amounting to about $1.3 billion.

Loss on BTC/USD short

At the same time, the company is at a loss on its short position in the BTC/USD pair.

Addresses with position data on Hyperliquid

Details are available on the address pages on Hyperliquid: 0x5b5d51203a0f9079f8aeb098a6523a13f298c060 and 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36.

In-Crypto data

Coin	Price	24h	Since publication	Open interest	Funding, APR	Liquidations 24h
Hyperliquid HYPE	$77.62	+2.9%	+0.8%	$1.09B	+9.2%	$164K
Bitcoin BTC	$79,683	+0.0%	−0.7%	$25.19B	+9.3%	$8.0M	order book

Wallets in this story — current Hyperliquid positions

0x5b5d…c060 — short ETH $246.2M · PnL $1.0M · 5x; short BTC $207.6M · PnL −$8.9M · 5x; short SOL $72.1M · PnL −$4.2M · 7x · 3 min ago
0xb83d…6e36 — short BTC $200.7M · PnL −$4.2M · 5x; short ETH $151.6M · PnL $4.1M · 5x; short ZEC $64.2M · PnL $6.0M · 3x · 6 min ago

Funding by exchange · Open interest · Liquidations · Long/short

Data as of 27.10 04:21 UTC. Open interest and funding are aggregated across derivatives exchanges, liquidations — Bybit, OKX; updated every 5 minutes. Methodology.

Did you like it?