Odaily reported that two wallets linked to Abraxas Capital added to short positions on Friday, with one increasing exposure by $7.29 million and the other by $10.97 million. The first address, 0x5b5d...c060, now holds roughly $600 million in contract positions and is sitting on an unrealized loss of $43.16 million. Its four main short positions in ETH, BTC, SOL, and HYPE account for a combined loss of $48.22 million. The second address, 0xb83d...6e36, currently holds $373 million in contract positions and has an unrealized loss of $39.72 million, while its four core shorts have lost $37.96 million. Based on the disclosed figures, the two addresses now carry about $973 million in total contract exposure, and their combined unrealized loss stands at $81.08 million.
Two wallets linked to Abraxas Capital added to their short positions today, according to Odaily.
One of the addresses, 0x5b5d...c060, increased its short exposure by $7.29 million. It now holds about $600 million in contract positions and is showing an unrealized loss of $43.16 million. Its four core short positions in ETH, BTC, SOL, and HYPE have posted a combined loss of $48.22 million.
The other linked address, 0xb83d...6e36, added $10.97 million in shorts. It currently holds $373 million in contract positions and has an unrealized loss of $39.72 million. Its four main short positions have lost $37.96 million.
Using the disclosed figures, the two addresses together now hold about $973 million in contract exposure, with total unrealized losses reaching $81.08 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
