Hyperliquid's largest short seller, "Abraxas Capital," has a combined unrealized gain of over $50 million across its two addresses, with a total position size of $760 million.

BlockBeats News, November 3rd, according to HyperInsight monitoring, two addresses labeled as Abraxas Capital (0x5b5, 0xb83) saw their total account balance rise from $165 million last Monday to $256 million. In the past 24 hours, they ranked first in contract holdings on Hyperliquid, and the total nominal value of the two addresses increased from $480 million to $760 million.

In the past 24 hours, Abraxas Capital continued to significantly increase its BTC and ETH short positions. Currently, the main short positions of the two addresses have changed as follows compared to last week: ETH increased from $226 million to $267 million, BTC increased from $124 million to $280 million, HYPE increased from $97.4 million to $103 million. According to monitoring, the total unrealized profit of the two addresses has reached $50.2 million. Out of a total of 22 short positions, only the main address (0x5b5) has an unrealized loss in the ETH short position, with an average holding price of $3531, a floating loss of $12.57 million (approximately 54%).