X @Lookonchain
Lookonchain·2025-08-10 04:02
Brutal losses!Abraxas Capital's 2 accounts are shorting $ETH, $BTC, $SOL, $HYPE, and $SUI as a hedge against spot holdings, with total unrealized losses exceeding $190M!They're holding 113,819 $ETH($483M) in shorts — down more than $144M.https://t.co/6SExwwcUyMhttps://t.co/xkB5Lbz9KR ...