CoinMeta data: According to reports from Bitcoin.com and News, two HyperLiquid wallets associated with Abraxas Capital Management hold a net short position of approximately $1.58 billion in cryptocurrencies, of which the positions related to BTC and ETH are worth about $948 million. As of 3:55 am on October 7th (UTC +8), these two wallets held approximately 189,400 ETH and 5,120 BTC, with a book loss of about $115 million. They also hold short positions in assets such as SOL, HYPE, ENA, XRP, SUI, and PUMP.