Data: Abraxas Capital opened a 10x short position in crude oil on Hyperliquid, with a notional value of approximately $13.98 million.

2026-03-17 15:41:46

ChainCatcher reports that according to the on-chain analysis platform Lookonchain, Abraxas Capital has opened a 10x leveraged short position on crude oil (CL) on the decentralized perpetual contract platform Hyperliquid within the past 13 hours, involving 146,601 contracts with a notional value of approximately $13.98 million.

Its associated wallet address 0x5b5d has a total historical profit of $165.94 million on Hyperliquid.

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