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Abraxas Capital Increases Short Position on ETH by $5 Million, Position Currently at $78.72 Million Loss
Summary: According to HyperInsight, the address starting with 0x5b5, identified as Abraxas Capital by Arkham, has just added $5 million to its short position on ETH (10x leverage), with the overall position currently at a loss of $78.72 million. Specific details are as follows: Position Size: $299 million Entry Price: $2,826.72 Liquidation Price: $5,096.9 Current P/L: ...
According to HyperInsight, the address starting with 0x5b5, identified as Abraxas Capital by Arkham, has just added $5 million to its short position on ETH (10x leverage), with the overall position currently at a loss of $78.72 million. Specific details are as follows:
Position Size: $299 million
Entry Price: $2,826.72
Liquidation Price: $5,096.9
Current P/L: $78.72 million loss
In addition, the address has a short position on BTC (10x leverage) with a loss of $22.3 million, with a position value of $345 million. Other major short positions include: HYPE (5x short), with a loss of $6.89 million; SOL (10x short), with a loss of $8.51 million. The overall loss on short positions by this address is approximately $115 million.
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Link: Abraxas Capital Increases Short Position on ETH by $5 Million, Position Currently at $78.72 Million Loss [Copy]
