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
Share to:
Author: PA一线
This content is for market information only and is not investment advice.
Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
Video | Weekly Market Analysis: PIPE transactions, are listed companies becoming on-chain protocols?
