Abraxas Capital's two wallets on Hyperliquid that short $BTC, $ETH, and $SOL with 10x leverage for hedging spot are currently profitable, with total profits exceeding $13M.
https://hyperdash.info/trader/0xB83DE012dbA672c76A7dbbbf3E459CB59D7D6E36
https://hyperdash.info/trader/0x5b5d51203a0f9079f8aeb098a6523a13F298C060
https://x.com/lookonchain/status/1925403810954190880