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Abraxas Capital Increases Short Position on XPL, Total Position Reaches $846 Million

2025-09-24 11:42

BlockBeats News, September 24th, according to HyperInsight monitoring, in the past 6 hours, the address identified as Abraxas Capital (0x5b5d) has been continuously adding to its XPL short position, accumulating over 19.76 million XPL. According to monitoring, the total holding of this address is approximately $8.46 billion, with the entire position being short, yielding about $72.47 million in profits this week. Current major short positions: BTC about $300 million; ETH about $295 million; SOL about $118 million. At the same time, the address has been consistently adding to its ASTER short position since yesterday, with the current holding of about $14.77 million.

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