BlockBeats News, March 17th, according to Hyperinsight monitoring data, in the past 1 hour, the “Abraxas Capital sub-address” (0xb83d…) executed a liquidation operation on its CL (WTI crude oil) short position, increasing its short position by 25,100 CL contracts, worth approximately 2.9055 million US dollars.
After this increase, its total short position in CL has risen to 14.9625 million US dollars, and the average holding price has passively risen from 92.88 US dollars to 93.39 US dollars. The current price of CL is 96.72 US dollars, and the floating loss of this position is approximately 514,300 US dollars, with a loss ratio of 6.48%, and the liquidation price is at 144.39 US dollars.
This address was previously the largest whale holding a contract on Hyperliquid, with a peak position size exceeding 900 million US dollars. On-chain data shows that it currently holds 34,000 BTC (approximately 2.34 billion US dollars) and conducts large-scale transactions on the Hyperliquid platform.
