📊Abraxas Capital has incurred a floating loss of over $100 million from shorting.
According to monitoring by Arkham, two accounts under Abraxas Capital have cumulatively shorted over $919.9 million in crypto assets on Hyperliquid @HyperliquidX, covering $BTC, $ETH, $HYPE, and $WLFI, with a current floating loss of $106.6 million. The liquidation prices for their Bitcoin shorts are $151,530 and $149,910 respectively.
THIS MEGAFUND’S ACCOUNTS ARE DOWN OVER $100 MILLION SHORTING CRYPTO
Two Abraxas Capital accounts are shorting over $919.9M of crypto including BTC, ETH, HYPE and WLFI on Hyperliquid. They are currently at a loss of over $106.6M.
Their BTC liquidation prices are $151.53K and $149.91K respectively.
Accounts:
0x5b5d51203a0f9079f8aeb098a6523a13F298C060
0xB83DE012dbA672c76A7dbbbf3E459CB59D7D6E36




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