- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
「Abraxas Capital」 continues to add to its ETH short position, with the total funding rate settlement currently resulting in a $39.26 million profit
BlockBeats News, January 13th, according to HyperInsight monitoring, an address labeled as Abraxas Capital (0x5b5) continued to add to its ETH short position at $3107. It accumulated approximately 566 ETH (about $1.75 million), expanding its position to $38.2 million, with an average price of $3248 and a liquidation price of $119,000. Additionally, it also holds a short position in HYPE of around $31.64 million, with an unrealized gain of $22.9 million. The address has accumulated a profit of $39.26 million through funding rate settlements on its short ETH position.
According to monitoring, Abraxas Capital's ETH short position started building in May, previously being the largest whale in Hyperliquid's contract fund size. Starting in November, the address consistently took profits on its ETH short position, with the position size previously around $267 million, and has now closed nearly $240 million.
You may also like
Which Protocols Drained the Crypto Market in 2025?
Binance Alpha to Launch Empire of Sight (Sight) on January 14
Key Takeaways Binance Alpha will kick off the trading of Empire of Sight (Sight) at 16:00 (UTC+8) on…
Today’s Trump Tariff Decision and Economic Data Releases
Key Takeaways The U.S. Supreme Court is set to rule on a significant Trump tariff case that could…
Binance Wallet Partners with Aster, Launches Seamless On-chain Perpetual Contract Trading
Key Takeaways: Binance Wallet has integrated with Aster to offer a streamlined and stable perpetual contract trading feature…
ASTER’s Largest Long Position on Hyperliquid Faces Significant Challenges
Key Takeaways A significant long position on ASTER is experiencing notable floating losses, revealing the volatility of crypto…
Flashbot Whale “pension-usdt.eth” Liquidates ETH Long, Profits $4.728 Million
Key Takeaways A Binance whale known as “pension-usdt.eth” successfully closed a 20,000 ETH long position, netting a profit…
Aster Experiences Over 5% Surge Amid Binance’s New Feature Announcement
Key Takeaways Aster saw a rapid increase of over 5% in its price, largely due to Binance launching…
The “20 Million Bandit” and “Shanzhai Air Force Leader” Bearish on LTC with Massive Short Positions
Key Takeaways Notable crypto entities, the “20 Million Bandit” and “Shanzhai Air Force Leader”, have significantly increased their…
A Trader Closes a 20-Day Short in PAX Gold, Faces $46,000 Loss
Key Takeaways: A trader concluded a 20-day short position in PAX Gold, incurring a $46,000 loss. Current market…
Team Expansion, The Hyperliquid Story Continues
What did those who achieved great results in Lighter do right?
Kinetiq Exclusive Interview: From Hyperliquid's Largest LST Protocol to the "Exchange Factory"
Key Market Insights for January 8th, how much did you miss out on?
Ranger Fund Takes a New Approach to Public Offering: Can a Grassroots Team Earn Market Trust?
Key Market Information Discrepancy on January 8th - A Must-See! | Alpha Morning Report
Key Market Insights for January 7th, how much did you miss?
Six-Figure Target: The Top Airdrops to Watch in 2026
2026 Crypto New Year's Rally: Cautiously Bullish Market Sets Sail
Which Protocols Drained the Crypto Market in 2025?
Binance Alpha to Launch Empire of Sight (Sight) on January 14
Key Takeaways Binance Alpha will kick off the trading of Empire of Sight (Sight) at 16:00 (UTC+8) on…
Today’s Trump Tariff Decision and Economic Data Releases
Key Takeaways The U.S. Supreme Court is set to rule on a significant Trump tariff case that could…
Binance Wallet Partners with Aster, Launches Seamless On-chain Perpetual Contract Trading
Key Takeaways: Binance Wallet has integrated with Aster to offer a streamlined and stable perpetual contract trading feature…
ASTER’s Largest Long Position on Hyperliquid Faces Significant Challenges
Key Takeaways A significant long position on ASTER is experiencing notable floating losses, revealing the volatility of crypto…
Flashbot Whale “pension-usdt.eth” Liquidates ETH Long, Profits $4.728 Million
Key Takeaways A Binance whale known as “pension-usdt.eth” successfully closed a 20,000 ETH long position, netting a profit…
App