Abraxas Capital's two wallets on Hyperliquid, shorting $BTC,

This content contains potentially risky contract addresses

Abraxas Capital's two wallets on Hyperliquid, shorting $BTC, $ETH, $SOL and other tokens as a hedge against their spot holdings, are now sitting on a $107M+ loss.
https://hyperdash.info/trader/0xB83DE012dbA672c76A7dbbbf3E459CB59D7D6E36
https://hyperdash.info/trader/0x5b5d51203a0f9079f8aeb098a6523a13F298C060

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BTC

119,776

+0.84%

ETH

3,002.34

+0.23%

SOL

164.26

+0.90%

Abraxas Capital's two wallets on Hyperliquid, shorting $BTC, $ETH, $SOL and other tokens as a hedge against their spot holdings, are now sitting on a $107M+ loss.

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