Monitoring: Abraxas address holds approximately $393 million in short positions

TechFlow: On November 13, according to OnchainLens monitoring, the Abraxas Capital address holds a short position worth approximately $393 million on Hyperliquid, with unrealized profits of about $63.49 million.

The BTC short position is valued at roughly $147.46 million, with floating profits of approximately $9.15 million. The accompanying image shows that the address has recorded a net profit of $115.17 million over the past 30 days, and a cumulative net profit of $274.04 million.