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[Abraxas Capital's Two Addresses Hold $760 Million in Positions, Unrealized Profit Exceeds $50.2 Million] On November 3, monitoring data showed that the total balance of two addresses labeled as Abraxas Capital (0x5b5, 0xb83) increased from $165 million last Monday to $256 million. Over the past 24 hours, these accounts ranked first in contract positions on Hyperliquid, with the total nominal value of positions rising from $480 million to $760 million. In the past 24 hours, Abraxas Capital significantly increased its short positions in BTC and ETH. The ETH short position grew from $226 million to $267 million, the BTC short position increased from $124 million to $280 million, and the HYPE short position rose from $97.4 million to $103 million. The total unrealized profit across the two addresses reached $50.2 million. However, the main address (0x5b5) still has an unrealized loss of $12.57 million on its ETH short position, with an average entry price of $3,531, reflecting a loss of approximately 54%.

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