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Abraxas Capital's 2 Hyperliquid accounts profit $428.56M, hold $1.05B in shorts

9 hours ago

Abraxas Capital's 2 hedging accounts on Hyperliquid have made $428.56M in total profit!

They still hold $1.05B in short positions.

https://hypurrscan.io/address/0x5b5d51203a0f9079f8aeb098a6523a13f298c060#more
https://hypurrscan.io/address/0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36#more

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An address suspected to be linked to the UXLink hacker has opened a $45.3 million ETH long position on Hyperliquid.

According to PeckShield monitoring, an address suspected to be linked to the UXLink hacker holds approximately $45.3 million in ETH long positions on Hyperliquid, with 21,550 ETH in positions, an average entry price of $2,134.45, and uses 15x cross leverage. The address previously received 11 million USDC from an address starting with 0x35E, and had interacted with an address marked as the UXLink hacker on August 28.

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Morgan Stanley: U.S. stock market pullback is nearing its end, and it may be building momentum for a year-end rebound.

Morgan Stanley's Michael Wilson said the S&P 500 correction may be nearing its end, with U.S. stocks likely positioning for a year-end rally. The U.S. benchmark index is approaching its downside target range of 7,100 to 7,300 points and is expected to rebound from this zone, Wilson noted. "Instead of waiting for a perfect bottom, we recommend increasing exposure to high-quality cyclical stocks in the coming weeks, as these stocks have seen their valuations adjust significantly while delivering strong earnings per share performance," Wilson wrote.

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Arkham has newly tagged approximately $3 billion in crypto fund assets.

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OKX Wallet First to Support Elysium Mainnet

According to official announcements, OKX Wallet will be the first to support the Elysium mainnet, with integration set to launch immediately after the Elysium mainnet goes live. Users can manage and transfer Elysium on-chain assets via OKX Wallet in a one-stop manner, and access functions including block explorer, market analysis, trading, and cross-chain operations—completing the entire workflow from asset discovery, market analysis to trading without switching between multiple platforms. It is reported that Elysium is an EVM-compatible Layer 2 network developed by Kinetiq for the Hyperliquid ecosystem, and is scheduled to officially launch its mainnet at 21:00 HKT on November 9.

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