Abraxas Capital's spot hedging account added 10 times ETH and BTC short orders

Crypto 7x24

2025-07-21 12:21:19

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According to online reports, according to online information, Abraxas Capital's spot hedging has increased its position by 10 times ETH and BTC short orders. Currently, it holds a total of US$345 million in Bitcoin short orders and US$291 million in Ethereum short orders. The address has accumulated a loss of US$82.64 million on Hyperliquid.

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