2025-08-10 09:44:50

Abraxas Capital’s two accounts are shorting $ETH, $BTC, $SOL, $HYPE, and $SUI, with total unrealized losses exceeding $190 million.

They’re holding 113,819 $ETH ($483M) in shorts and are down more than $144 million.

ETH-0.14%

BTC1.66%

SOL0.3%

HYPE3.16%

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