Hyperliquid's largest short position holder, "Abraxas Capital," has opened a new ASTER long position sub-address, with both addresses currently showing a 60% unrealized gain.

By: theblockbeats.news|2025/11/06 04:47:16
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BlockBeats News, November 6th, according to HyperInsight monitoring, at 17:00 yesterday, a sub-address labeled as Abraxas Capital (0xb83) opened a small long position for ASTER at a price of $1.03, currently with a 30% unrealized gain. The main address (0x5b5) has an average position price of about $0.91, with an unrealized gain of approximately $490,000 (61%), and the total position size of the two addresses amounts to $2.4 million.

In Abraxas Capital's two addresses, there are holdings of 12 different coins on the books, all of which are short except for ASTER. The total nominal value of the positions in the two addresses is about $520 million, making it the largest short position in the Hyperliquid contract.

Furthermore, according to monitoring, the "3x Short ASTER" whale who previously bought ASTER and heavily increased their short position is still the top holder of ASTER short positions in the Hyperliquid contract. As of the time of writing, the open position has not been closed, with the current position size reaching $49.64 million, an average price of $1.2, an unrealized gain of $2.23 million (13%), and a peak unrealized gain of $6.28 million.

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