Abraxas Capital, one of the top short sellers of crude oil on the chain, continues to take profits, with a weekly profit of 12 million yuan in the "short oil long crypto" portfolio position BlockBeats News: On April 9th, according to Hyperinsight monitoring, the two addresses of Abraxas Capital, the largest short seller of crude oil on the Hyperliquid platform, saw a significant rebound in their accounts within nearly a week after the ceasefire news was announced. Funds rebounded by over $12 million, and the "short oil long crypto" portfolio position successfully turned a profit from the previous $9.7 million floating loss. As of press time, the two addresses have continued to synchronously reduce profits and positions, with a current floating profit of $8.7 million on the books. After this round of reduction, the current total position size still reaches 152 million US dollars, including a total of about 126 million US dollars in short positions in the US and Brent crude oil markets, and a total of about 26.1 million US dollars in long positions in the cryptocurrency market. The details of crude oil short positions are as follows: BRENTOIL short position (5x leverage): The size has decreased from $92 million to $78 million, with an average price of approximately $103; WTICRUDE short position (5x leverage): The size has decreased from $51 million to $48.5 million, with an average price of approximately $98.3. Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 Address: 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36