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Abraxas Capital's Short Position Floats Losses Exceeding $100 Million

Summary: According to Arkham monitoring, Abraxas Capital's short position has floated losses exceeding $100 million. Abraxas Capital holds the largest short positions on BTC and ETH on Hyperliquid. Their account is currently shorting nearly $800 million worth of BTC, ETH, SOL, and HYPE. The account's current unrealized losses amount to $106.3 million, with a liquidation price ...

According to Arkham monitoring, Abraxas Capital's short position has floated losses exceeding $100 million. Abraxas Capital holds the largest short positions on BTC and ETH on Hyperliquid. Their account is currently shorting nearly $800 million worth of BTC, ETH, SOL, and HYPE.

The account's current unrealized losses amount to $106.3 million, with a liquidation price for Bitcoin at $156,000.

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