Abraxas Capital Wallet Sets $193 Million Perpetual Profit Record
Photo: TokenPost
An Abraxas Capital wallet has logged a record $193 million in cumulative profit from Hyperliquid perpetual contracts, with spot assets hedging exposure as its open positions reach about $725 million. Because spot assets offset some of the account's exposure, the profit total does not come solely from directional trades. The wallet holds about $207 million in USDC and has recorded $5.43 billion in cumulative trading volume. It also maintains sizable positions in Bitcoin (BTC), Ether (ETH) and Solana (SOL). Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
