Abraxas Capital increased its 10-fold leveraged short positions in BTC and ETH, resulting in floating losses on BTC and ETH positions reaching US$7.94 million
Crypto 7x24
2025-05-21 16:16:28
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According to online reports, according to Onchain Lens monitoring, Abraxas Capital continues to increase short positions in BTC and ETH with 10 times leverage. In the BTC position, it faces a floating loss of US$5.91 million, and in the ETH position, it faces a loss of US$2.03 million. They also held a short position of 10 times SOL, with a floating profit of $1.3 million.
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