@ivish
Abraxas Capital is up $28M from a $128M all-short portfolio
$52.9M total balance | $75.9M net exposure | $11.5M unrealized PnL | $16.4M funding earned
Top Shorts:
$HYPE: $25.7M notional, +$5.3M PnL ✅
$PUMP: $8.2M notional, +$3.4M PnL ✅
$FARTCOIN: $1.6M notional, +$1.7M PnL ✅
$BTC: $23.6M notional, +$423K PnL ✅
$ETH: $15.4M notional, +$380K PnL ✅
Trader’s Strategy:
• 100% short portfolio across 11 positions
• 10/11 trades in profit
• 3x–10x leverage on majors, 20x only on XRP
• $41.6M in withdrawable collateral
• $16.4M funding harvested from long-biased sentiment
> Elite short-seller. Memecoin sniper. Macro bear.
One of Hyperliquid’s most profitable bears.
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