[Abraxas Capital Returns to Hyperliquid to Open Large Short Positions] On March 30, MLM analysis indicated that Abraxas Capital, after reducing its positions, has returned to Hyperliquid and established large short positions through two accounts, possibly as part of the Elysium Global Arbitrage Fund, continuing its arbitrage strategy style. Previously, Abraxas Capital had shorted approximately $32.7 million in WTI crude oil, $102.8 million in Brent crude oil, and $33.2 million in gold, accounting for approximately 10.8%, 21.4%, and 18.4% of Hyperliquid platform's open interest, respectively.