Abraxas Capital's 2 wallets on Hyperliquid, which are shorting $BTC, $ETH, and $SOL with 10x leverage as a hedge against spot holdings, are now sitting on over $112M in total profits.

https://hyperdash.info/trader/0xB83DE012dbA672c76A7dbbbf3E459CB59D7D6E36

https://hyperdash.info/trader/0x5b5d51203a0f9079f8aeb098a6523a13F298C060