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Abraxas Capital Faces Staggering $131M Loss on Crypto Shorts

2025-07-17 11:40:01

Abraxas Capital Faces Staggering $131M Loss on Crypto Shorts

Main Idea

Abraxas Capital is reportedly facing a $131 million unrealized loss on crypto short positions, primarily held on the Hyperliquid platform, highlighting the risks of high-stakes crypto trading.

Key Points

1. Abraxas Capital's two Hyperliquid addresses show over $131 million in unrealized losses from crypto short positions.

2. The short positions include a mix of major cryptocurrencies (BTC, ETH, SOL) and highly speculative assets (HYPE, FARTCOIN).

3. Hyperliquid, a decentralized perpetuals exchange, adds risk and complexity to Abraxas Capital's trading strategy.

4. On-chain analytics revealed the losses, showcasing the transparency and risks in decentralized finance (DeFi).

5. The situation underscores the extreme volatility and high-risk nature of leveraged crypto trading.

Description

BitcoinWorld Abraxas Capital Faces Staggering $131M Loss on Crypto Shorts The world of cryptocurrency trading is often described as a wild west, full of immense opportunities and equally immense risks. This sentiment has been starkly highlighted by recent revelations surrounding Abraxas Capital , a firm now reportedly grappling with a colossal financial setback. On-chain analytics platform Onchain Lens, a prominent voice in the crypto community, recently dropped a bombshell on X (formerly Twitte...

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Tags:
Crypto News Abraxas Capital Crypto Losses Hyperliquid on-chain analytics Short Selling
$ETH
$3446.50
+1.93%
$FARTCOIN
$1.5495
+18.72%
$IMX
$0.5487
-0.65%
$IP
$4.674
+6.79%
$SUI
$4.0127
-0.01%
$HYPE
$46.454
-3.80%
$BTC
$119600.0
+0.32%
$SOL
$174.79
+0.36%

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