Abraxas Capital shorted BTC, ETH, and SOL for spot hedging, with total profits exceeding US$13 million

Crypto 7x24

2025-05-30 16:22:17

1.35W

According to online reports, according to monitoring by online analysis platform Lookonchain, Abraxas Capital used 10 times leverage to short BTC, ETH and SOL in Hyperliquid's two wallets for spot hedging. It has now achieved profits, with a total profit of more than US$13 million.

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