On October 24, according to Hyperliquid News, the Abraxas Capital wallet has reached a record cumulative profit of $193 million in perpetual contracts on Hyperliquid. This profit is not solely from directional trading gains, as the positions have been hedged through spot assets. The wallet currently holds approximately $207.445 million in USDC, with a cumulative trading volume of $5.43 billion, an open position size of about $725 million, and significant holdings in BTC, ETH, and SOL on the platform.
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Abraxas Capital Achieves Record $193 Million Profit in Hyperliquid Perpetual Contracts
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