「Abraxas Capital」 Core Position Increases After Initial Bitcoin Long Position, Scaling Up to $5 Million

BlockBeats News, April 22, according to Hyperinsight monitoring, in the past two hours, the leading short seller "Abraxas Capital" on the Hyperliquid platform has added 54 BTC to their long position (about $4.2 million), increasing their long position to a total of $5 million, with an average price of $77,450.

The address completely closed a BTC short position on April 12 at around $74,000 and initiated a small-scale long position. Today, they initiated a position increase for the first time and are still actively accumulating BTC.

Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060