Hyperliquid's largest short positions "Abraxas Capital" sub-address has opened a long order for ASTER, with unrealized gains of 60% across two addresses.

On November 6, according to monitoring by HyperInsight, at 5 PM yesterday, a sub-address marked as Abraxas Capital (0xb83) opened a small long order for ASTER at a price of $1.03, currently with unrealized gains of 30%. The main address (0x5b5) has an average position price of about $0.91, with unrealized gains of about $490,000 (61%). The total position size of both addresses is approximately $2.4 million. Among the 12 coin holdings in Abraxas Capital's two addresses, all are short orders except for ASTER. The current total notional value of the two addresses' holdings is about $520 million, making it the largest short position on Hyperliquid contracts. Additionally, monitoring shows that after CZ purchased ASTER, the large short order for “3x short ASTER” by a Whale remains at the top of the short position leaderboard for ASTER contracts on Hyperliquid, and as of the time of reporting, it has not been closed. The current position size is $49.64 million, with an average price of $1.2, unrealized gains of $2.23 million (13%), and it once peaked with unrealized gains of $6.28 million.