According to PANews on August 10th, according to Lookonchain monitoring, two accounts belonging to Abraxas Capital shorted ETH, BTC, SOL, HYPE, and SUI, resulting in total unrealized losses exceeding $190According to PANews on August 10th, according to Lookonchain monitoring, two accounts belonging to Abraxas Capital shorted ETH, BTC, SOL, HYPE, and SUI, resulting in total unrealized losses exceeding $190

Abraxas Capital shorted ETH, BTC, SOL, HYPE, and SUI, with a current loss of over $190 million

2025/08/10 11:33

According to PANews on August 10th, according to Lookonchain monitoring, two accounts belonging to Abraxas Capital shorted ETH, BTC, SOL, HYPE, and SUI, resulting in total unrealized losses exceeding $190 million. Abraxas Capital held a short position of 113,819 ETH (worth $483 million), resulting in losses exceeding $144 million.

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