Abraxas Capital closes crude oil short positions and earns $10.15 million in profit

AiCoin
AiCoin|Apr 10, 2026 08:35
On April 10th, Hyperinsight monitoring showed that Abraxas Capital, the largest short seller of crude oil on the Hyperliquid platform, closed approximately $160 million worth of WTIOIL and BRENTOIL short positions at two locations this morning, with average closing prices of approximately $95 and $95.5, respectively, and a full cycle profit of approximately $10.15 million. At present, the whale's main holdings are BTC long positions (with a size of 20.5 million US dollars) and gold short positions (with a size of 30.8 million US dollars).
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