The sub-address of "Abraxas Capital" has recently increased its short positions by nearly $200 million, bringing the total holdings of the two addresses to $640 million.

On October 29, according to HyperInsight monitoring, Abraxas Capital's sub-address (0xb83) has continuously deposited approximately 29 million USD into Hyperliquid over the past three days and has intensively increased the position in short orders for BTC, ETH, and SOL since yesterday afternoon. As of the time of writing, the position continues to increase, with the total notional value of holdings rising from 67.75 million USD on the 27th to the current 253 million USD, while the main address (0x5b5) has also slightly increased its short positions. As of the time of writing, the main short positions of the two addresses have changed as follows since the 27th: - ETH shorts: increased from 226 million USD to 273 million USD - BTC shorts: increased from 124 million USD to 239 million USD The total notional value of holdings for Abraxas Capital's two addresses has risen from 480 million USD on the 27th to 690 million USD. Additionally, its sub-address had closed most short positions and withdrawn nearly 100 million USD last week, with some funds transferred to the CEX Hot Wallet. Both addresses of Abraxas Capital (0x5b5, 0xb83) have fully allocated short positions, with a current total account amount of approximately 191 million USD, ranking first in contract holdings accounts on Hyperliquid over the past 24 hours.