Hit a record high: Abraxas Capital's cumulative profit on Hyperliquid perpetual contracts reaches $193 million

Odaily Report: The Abraxas Capital wallet's cumulative profit on Hyperliquid perpetual contracts has hit a record high of $193 million. Since the positions have been hedged through spot assets, this profit does not come purely from directional trading. The wallet currently holds approximately $207 million in USDC, with cumulative trading volume reaching $5.43 billion, open position size of about $7.25 billion, and relatively large BTC, ETH, and SOL positions.