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.
Abraxas Capital shorted BTC, ETH, and Solana, with cumulative losses exceeding $100 million
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Author: PA一线
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