coin-img-ETHETH-4.75%coin-img-BTCBTC-3.58%coin-img-SOLSOL-5.96%coin-img-XAUTXAUT-3.17%coin-img-PAXGPAXG-2.91%coin-img-BASEDBASED-1.76%coin-img-CDDCDD-24.55%coin-img-XRPXRP-4.04%coin-img-ETHETH-4.75%coin-img-BTCBTC-3.58%coin-img-SOLSOL-5.96%coin-img-XAUTXAUT-3.17%coin-img-PAXGPAXG-2.91%coin-img-BASEDBASED-1.76%coin-img-CDDCDD-24.55%coin-img-XRPXRP-4.04%coin-img-ETHETH-4.75%coin-img-BTCBTC-3.58%coin-img-SOLSOL-5.96%coin-img-XAUTXAUT-3.17%coin-img-PAXGPAXG-2.91%coin-img-BASEDBASED-1.76%coin-img-CDDCDD-24.55%coin-img-XRPXRP-4.04%coin-img-ETHETH-4.75%coin-img-BTCBTC-3.58%coin-img-SOLSOL-5.96%coin-img-XAUTXAUT-3.17%coin-img-PAXGPAXG-2.91%coin-img-BASEDBASED-1.76%coin-img-CDDCDD-24.55%coin-img-XRPXRP-4.04%

Abraxas Capital's Crude Oil Shorts Near $10M in Unrealized Losses

HuoXing Finance said that Hyperinsight data on April 2 showed crude prices climbing after anticipated ceasefire developments failed to emerge. Two Abraxas Capital-linked addresses—currently holding the largest oil position on Hyperliquid—have seen their combined unrealized losses widen to $9.7 million. The monitored wallets rolled short exposure aggressively at lower levels overnight and into early morning. Their combined Brent and WTI short positions now total $159 million, including 5x leveraged BRENTOIL shorts of $102 million (average entry around $103) and 5x leveraged WTIOIL shorts of $56.99 million (average entry around $98.6).
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