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Abraxas Capital Increases Short Positions on ETH and BTC by 10x in Spot Hedging Account

Summary: According to reports, Abraxas Capital has increased its short positions on ETH and BTC by 10x in its spot hedging account, currently holding $345 million worth of Bitcoin short positions and $291 million worth of Ethereum short positions. The address has accumulated losses of $82.64 million on Hyperliquid.

According to reports, Abraxas Capital has increased its short positions on ETH and BTC by 10x in its spot hedging account, currently holding $345 million worth of Bitcoin short positions and $291 million worth of Ethereum short positions.

The address has accumulated losses of $82.64 million on Hyperliquid.

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Link: Abraxas Capital Increases Short Positions on ETH and BTC by 10x in Spot Hedging Account [Copy]

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