「3x Short on ASTER」 Whale Partially Gives Back Profits, Hyperliquid's Largest Bear Whale Counter-Longs ASTER to Lead the Bull Army

By: theblockbeats.news|2025/11/12 15:45:54
0
Share
copy

BlockBeats News, November 12th, according to HyperInsight monitoring, two addresses labeled as Abraxas Capital (0x5b5) (0xb83) have been continuously increasing their ASTER long positions since yesterday morning. The total position size has reached $8.16 million, with average prices of $0.99 and $1.09 respectively. The current unrealized profit is $750,000, and these two addresses are currently the largest long positions in ASTER on Hyperliquid.

In the combined holdings of the two Abraxas Capital addresses, there are positions in 12 different coins besides ASTER. All positions except ASTER are short. The total nominal value of the positions in the two addresses is approximately $430 million, making them the largest short positions in the Hyperliquid contract. In a previous news on November 5th, the two Abraxas Capital addresses opened small long positions in ASTER at $1.03. The main address (0x5b5) has an average position price of around $0.91, with a total position size of $2.4 million.

According to monitoring, the "3x ASTER Short" whale (0x9ee) who significantly increased their short position after CZ's ASTER purchase is still the top short position holder in the ASTER contract on Hyperliquid. As of the time of writing, there has been no closing of positions, and the current position size has reached $48.99 million, with an average price of $1.20. The unrealized profit has dropped from over $7 million from the peak to $2.92 million.

You may also like

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Program:[email protected]