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Abraxas Capital Short Account Loses $40 Million in 10 Days

By: theblockbeats.news|2025/07/03 05:36:45

BlockBeats News, July 3rd, according to Arkham Monitor, Abraxas Capital has conducted on-chain short selling of over 430 million US dollars of crypto assets, with its short account losing 40 million US dollars in the past 10 days.

It is worth noting that Abraxas Capital also holds other long hedging positions.

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