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Abraxas Capital holds a cryptocurrency short position worth over $9.199 billion, currently with a unrealized loss of over $1.066 billion

By: theblockbeats.news|2025/09/03 01:01:41

BlockBeats News, September 3rd, according to Arkham monitoring, two accounts of Abraxas Capital have shorted a total of over $9.199 billion worth of cryptocurrency on the Hyperliquid platform, including Bitcoin (BTC), Ethereum (ETH), HYPE, and WLFI. Currently, the loss has exceeded $1.066 billion.

The liquidation prices for their Bitcoin were $151,530 and $149,910, respectively.

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