Abraxas Capital has deposited 3 million USDC into Hyperliquid, significantly increasing its short positions on Bitcoin and Ethereum. According to OnchainLens monitoring, the firm has expanded its short positions by 796.4 BTC, valued at approximately $51.5 million, and 31,640 ETH, worth around $59.2 million. This move marks a substantial increase in Abraxas Capital's short positions since its last disclosure two days ago.