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Abraxas Capital holds over $9.199 billion worth of cryptocurrency shorts, currently facing over $1.066 billion in unrealized losses

Summary: According to reports, Abraxas Capital's two accounts on the Hyperliquid platform have shorted a total of over $9.199 billion worth of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), HYPE, and WLFI, currently facing losses exceeding $1.066 billion. The liquidation prices for their Bitcoin positions are $151,530 and $149,910 respectively.

According to reports, Abraxas Capital's two accounts on the Hyperliquid platform have shorted a total of over $9.199 billion worth of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), HYPE, and WLFI, currently facing losses exceeding $1.066 billion. The liquidation prices for their Bitcoin positions are $151,530 and $149,910 respectively.

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Link: Abraxas Capital holds over $9.199 billion worth of cryptocurrency shorts, currently facing over $1.066 billion in unrealized losses [Copy]

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