Fasanara Capital has taken a significant long position in Bitcoin on the HyperliquidX platform, investing $36.34 million at an entry price of $75,950, yielding a 27.65% return on investment. This is the firm's sole long position amidst a broader strategy of shorting other cryptocurrencies. The firm has short positions in several cryptocurrencies, including $48.47 million in Ethereum, which has generated a $2.48 million profit with a 76.77% ROI. Other notable shorts include $8.75 million in Toncoin with a 91.65% ROI, $5.52 million in Avalanche with a 533% ROI, and $3.70 million in Dogecoin with a 74.58% ROI. Fasanara Capital's total exposure across these positions amounts to $131 million.