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Abraxas Capital is Shorting BTC, ETH, and SOL on Hyperliquid, Accumulating a Total Unrealized Gain of Over $1.12 Billion

2025-06-23 00:05

BlockBeats News, June 23rd, according to LookIntoChain monitoring, Abraxas Capital has opened two wallets on Hyperliquid with 10x leverage to short BTC, ETH, and SOL. This is used as a hedge for spot positions, and the current total floating profit has exceeded $112 million.

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