Abraxas Capital shorted BTC, ETH, and Solana, with cumulative losses exceeding $100 million

PANews reported on July 14 that according to Lookonchain monitoring, Abraxas Capital’s two wallets on the Hyperliquid platform have accumulated losses of more than $107 million due to shorting crypto assets such as Bitcoin, Ethereum, and Solana. It is reported that these shorting operations are intended to hedge its spot positions.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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