July 18, 2026·Bearish·market event

Abraxas Capital Adds $58M Short on BTC and ETH on Hyperliquid

Abraxas Capital, a London-based fund managing billions, increased its short position on Bitcoin and Ethereum by $58 million on Hyperliquid. The firm has pulled over $300 million in short positions, making it the largest short seller on the exchange.

Detected & updated continuously · Source: Nebula

Mentioned

Ethereum (eth)

Hyperliquid (hype)

Bitcoin (btc)

Sources

@Jeremybtc

The biggest short seller on Hyperliquid just added $58 MILLION to a position against Bitcoin and Ethereum. The firm is Abraxas Capital, a London fund managing BILLIONS. They've pulled over $300 MILLION in profit out of Hyperliquid alone. But they aren't calling for a crash. https://t.co/whyVYKPKZg