Arkham: A single address from Abraxas Capital holds short positions in multiple major tokens worth a total of $500 million, with unrealized profits exceeding $18 million.

BlockBeats News, June 19, according to monitoring by Arkham, an address belonging to Abraxas Capital holds short positions on multiple major tokens worth a total of $500 million on Hyperliquid. These include 10x leveraged shorts on BTC, ETH, SOL, and SUI, valued at $224 million, $163 million, $44 million, and $560,000, respectively.

According to statistics, the unrealized profits from these short positions have exceeded $18 million.