Gate News message, April 10, on the Hyperliquid platform, the two addresses of the largest crude oil short institution, Abraxas Capital, this morning fully closed their entire short positions of approximately $160 million in WTIOIL (WTI crude oil futures) and BRENTOIL (Brent crude oil futures). The closing prices averaged approximately $95 and $95.5, respectively. Across the full cycle, they recorded profits of about $10.15 million. After closing, this whale has no large-scale new position layout so far; currently, its main holdings are a BTC long position (size $20.5 million) and a GOLD (gold) short position (size $30.8 million). It is reported that this address began aggressively opening crude oil short positions starting March 26, with the position size reaching a maximum of $160 million. After the ceasefire news was confirmed recently, the position moved from an unrealized loss of $9.7 million to profit, with gains temporarily expanding to nearly $10 million; afterward, starting yesterday afternoon, it continued taking profits. Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060, 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36.
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