Abraxas Capital-Linked Wallet Deposits $2M to Hyperliquid with $173.75M Cumulative Profit

HYPE3.44%
According to Onchain Lens, a wallet suspected to be related to Abraxas Capital deposited $2 million to Hyperliquid on July 6, bringing its cumulative profit to $173.75 million. The account currently holds $35.92 million in open positions with 98.5% short exposure, with unrealized losses of $2.55 million on its existing trades offset by funding fee gains of $9.87 million.
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