Data: "Abraxas Capital" averages down its long position in WTI crude oil, increasing its position size to 14.96 million dollars

By: rootdata|2026/03/17 16:42:00
0
Share
copy

According to monitoring by Hyperinsight, in the past hour, "Abraxas Capital sub-address" (0xb83d...) executed a smoothing operation on its CL (WTI crude oil) short position, increasing its holdings by 25,100 CL short contracts, valued at approximately $2.9055 million.

After this increase, its total CL short position size rose to $14.9625 million, with the average position price passively raised from $92.88 to $93.39. The current CL price is $96.72, and the position has an unrealized loss of approximately $514,300, with a loss percentage of 6.48%, and the liquidation price is $144.39.

This address was previously the largest whale in terms of contract holdings on Hyperliquid, with a peak holding size exceeding $900 million. On-chain data shows that it currently holds 34,000 BTC (approximately $2.34 billion) and conducts large transactions on the Hyperliquid platform.

-- Price

--

You may also like

Popular coins

Latest Crypto News

Read more