Abraxas Capital's short position has lost more than $100 million
2025-07-29 03:14:26
According to Arkham monitoring, Abraxas Capital's short position has lost more than $100 million. Abraxas Capital holds the largest BTC and ETH short positions on Hyperliquid. Their account is currently short nearly $800 million of BTC, ETH, SOL and HYPE in total. The account currently has an unrealized loss of $106.30 million and Bitcoin's strong flat price is $156,000.
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