As of 11 p.m. ET on October 25, two accounts linked to Abraxas Capital held short positions on Hyperliquid valued at over $1.29 billion. These positions have generated combined profits exceeding $353 million. The accounts, identified by specific wallet addresses, previously peaked at $1.57 billion in short positions on Hyperliquid. This highlights significant trading activity and profit-taking by Abraxas Capital in the digital asset market.
Abraxas Capital's large short positions on Hyperliquid provide context for digital asset market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 26, 2026 09:21 WIB: out of 50 major cryptocurrencies, 6 rose and 42 fell. Notable movers include ZIL at Rp34 with a 7.15% drop and 77% buy orders, BAT at Rp2,697 down 5.51% with 84% sell orders, and SAND at Rp855 down 5.37% with 80% sell orders.
A Bitcoin derivatives account linked to a specific address shifted its position from a $10.04 million short to an $11.97 million long. The account closed the short position at an average price of $80,291 and opened the long at an average price of $79...
Ether (ETH), the second-largest cryptocurrency by market capitalization, fell below the $2,300 mark on Binance spot trading, reaching $2,297 at 10:52 p.m. ET Sunday. This drop represents a 0.63% decrease over the one-hour period ending at that time. ...
The Rosen Law Firm is investigating a potential class action lawsuit for Barclays PLC shareholders after allegations that the bank provided misleading information about its exposure to UK mortgage lender Market Financial Solutions Ltd (MFS). Followin...
Ether (ETH) fell 2.10% over four hours to $2,299 as of 10:42 p.m. ET on Oct. 25, down from $2,348 four hours earlier, marking a $49 decline. Over the same period, $3.17 million in long positions were liquidated across Binance, Bybit, and OKX, while s...
Ripple's Swell conference began Tuesday at The Shed in Manhattan, featuring over 100 speakers and 80 sessions focused on crypto industry topics like digital assets, stablecoins, payments, AI, and XRP Ledger development. The three-day event, running t...
