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Abraxas Capital holds $451.85M mostly short in Hyperliquid, with Bitcoin as largest short position.

Market News
09 Nov 2026, 14:58 WIB
Tokenpost
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Bearish
Abraxas Capital holds $451.85M mostly short in Hyperliquid, with Bitcoin as largest short position.

Abraxas Capital held $451.85 million in positions on Hyperliquid as of November 8, with nearly all exposure being short positions totaling $451.68 million. Their unrealized profit stood at $30.77 million. The largest short position was in Bitcoin at $158.66 million, followed by significant shorts in HYPE ($77.60 million), Ether ($75.27 million), and ZEC ($63.51 million). This shows Abraxas' strong bearish stance on these digital assets compared to Wintermute's $107.59 million exposure.

As of Nov 09, 2026 20:22 WIB, Bitcoin trades at Rp1.351.403.466 on Pluang, down 1.79% in the past day, while Hyperliquid (HYPE) is priced at Rp1.327.043, falling 5.68%. Zcash (ZEC) also declined 4.72% to Rp22.014.139. These price moves coincide with Abraxas Capital's large short positions in these assets, highlighting notable bearish sentiment. The most notable figure is Bitcoin's market cap at Rp27.189,53 trillion on Pluang.

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