Abraxas Capital shorted BTC, ETH, and Solana, with cumulative losses exceeding $100 million
2025/07/14 15:52
PANews reported on July 14 that according to Lookonchain monitoring, Abraxas Capital’s two wallets on the Hyperliquid platform have accumulated losses of more than $107 million due to shorting crypto assets such as Bitcoin, Ethereum, and Solana. It is reported that these shorting operations are intended to hedge its spot positions.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
PayPal co-founder Peter Thiel holds 9.1% of BitMine shares
PANews reported on July 16 that according to the latest SEC disclosure documents, PayPal co-founder Peter Thiel, through his related entities, holds a total of 5,094,000 common shares of BitMine
Share
PANews2025/07/16 10:12
Hong Kong stocks of stablecoin concept stocks showed divergent trends during the day, with Jinyong Investment rising by more than 7.5% and Lianyirong Technology falling by more than 6%.
According to PANews on July 16, the intraday trends of Hong Kong-listed stablecoin concept stocks were differentiated, with Jinyong Investment (01328.HK) rising more than 7.5%, Yunfeng Financial (00376.HK) rising more
Share
PANews2025/07/16 10:28
Pandu Bitcoin ETF will be listed on July 18, becoming the first similar product in Hong Kong this year
PANews reported on July 16 that according to Sina Finance, Pandu Co., Ltd. announced that its Pandu Bitcoin ETF ( 02818.HK ) will be officially listed on the Hong Kong
Share
PANews2025/07/16 10:16