Abraxas Capital lost $14.50 million yesterday by shorting BTC
2025-06-24 03:39:52
According to Arkham, Abraxas Capital, which manages assets of $3.60 billion, currently holds a short position of more than $200 million in bitcoin, and the fund has lost about $14.50 million in its short position due to bitcoin price fluctuations in the past 24 hours.
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