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Abraxas Capital's Short Account Loses $40 Million in 10 Days

Summary: According to Arkham monitoring, Abraxas Capital has shorted over $430 million worth of crypto assets on-chain, with its short account losing $40 million in the past 10 days. Abraxas Capital also holds other long hedge positions.

According to Arkham monitoring, Abraxas Capital has shorted over $430 million worth of crypto assets on-chain, with its short account losing $40 million in the past 10 days. Abraxas Capital also holds other long hedge positions.

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