Abraxas Capital, a major crypto investment firm, has taken over $980 million in short positions on Hyperliquid, indicating expectations of a price decline for the decentralized futures exchange. This strategy involves complex hedging, including spot ETH transactions, and suggests bearish sentiment. Market watchers see Abraxas's moves as influential, with uncertainty around Hyperliquid's future price, especially given a 49% market probability of it reaching $100 by year-end. Investors will watch for any strategic or regulatory developments that could shift this outlook.
Despite Abraxas Capital's bearish stance with $980 million in shorts on Hyperliquid, HYPE is trading up 3.45% on Pluang as of Sep 14, 2026 19:51 WIB, at Rp1.410.060. This price is supported by a market cap of Rp358.23 trillion and a strong buy interest of 77% among Pluang users, contrasting with the significant short positions. The typical hold time of 37 days suggests moderate investor confidence amid the complex market outlook.
Hyperliquid activated the AQAv2 framework in August, earning $14.5 million in USDC interest that was routed to its Assistance Fund. The protocol used $10.15 million of these funds to buy back and burn 112.58K HYPE tokens, a significant deflationary m...
Hyperliquid (HYPE) has rebounded to around $93, approaching a key resistance level at $93.75. Traders are watching for a potential breakout from a flag pattern that could push the price toward $100 this month. The daily Chaikin Money Flow indicates b...
Hyperliquid (HYPE) gained 3% during the Asian session after Bloomberg listed its perpetual futures on the Bloomberg Terminal, boosting the token's visibility and credibility. This move highlights Hyperliquid's unique position as a pioneer in TradFi w...
Bloomberg Terminal has integrated live streaming quotes for Hyperliquid perpetual futures, increasing the decentralized exchange's visibility among professional investors. This move allows market participants to track Hyperliquid's products in real t...
Hyperliquid has secured its first $14.58 million USDC payment to support buybacks of its HYPE token through the AQAv2 protocol, which started in August 2026. This protocol allocates about 90% of eligible USDC reserve yield to buybacks, aiming to boos...
