PANews reported on March 17th that, according to Lookonchain, hedge fund Abraxas Capital recently shorted crude oil on the Hyperliquid platform, opening 146,601 xyz:CL contracts with 10x leverage in the past 13 hours, with a notional size of approximately $13.98 million. On-chain data shows that its associated address 0x5b5d has accumulated profits of approximately $166 million on Hyperliquid.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.