Hyperliquid's largest short position holder, "Abraxas Capital," has opened a new ASTER long position sub-address, with both addresses currently showing a 60% unrealized gain.

On November 6th, as per the monitoring of HyperInsight, at 17:00 the previous day, a sub-address marked as Abraxas Capital (0xb83) initiated a small long position in ASTER at a price of $1.03, and currently has a 30% unrealized gain. The main address (0x5b5) has an average position price of around $0.91, with an unrealized gain of approximately $490,000 (61%), and the total position size of the two addresses totals $2.4 million. In Abraxas Capital's two addresses, there are holdings of 12 different coins on the books. All of them are short positions except for ASTER. The total nominal value of the positions in the two addresses is about $520 million, making it the largest short position in the Hyperliquid contract. Furthermore, according to the monitoring, the "3x Short ASTER" whale that previously bought ASTER and significantly increased its short position is still the top holder of ASTER short positions in the Hyperliquid contract. As of the time of this writing, the open position has not been closed. The current position size reaches $49.64 million, with an average price of $1.2, an unrealized gain of $2.23 million (13%), and a peak unrealized gain of $6.28 million.