Abraxas Capital has initiated a significant short position on oil, opening a 10x short on 146,601 xyz:CL contracts valued at $13.98 million within the past 13 hours. The move is part of their trading activities on the Hyperliquid platform, where their wallet, identified as 0x5b5d, has accumulated a total profit of $165.94 million.
Abraxas Capital Initiates $13.98M Short Position on Oil
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