$452 million in open interest, Abraxas Capital holds a perpetual contract exposure about four times that of Wintermute

Odaily Planet Daily News: According to Onchain Lens monitoring, Abraxas Capital holds $451.85 million in open positions on Hyperliquid, almost entirely short positions, nearly four times the $107.59 million perpetual contract exposure of Wintermute. Its unrealized profit stands at $30.77 million, with a total short position exposure of $451.68 million. The largest short positions are $158.66 million in BTC, $77.6 million in HYPE, $75.27 million in ETH, and $63.51 million in ZEC.