According to a report by Deep Tide TechFlow, on June 24th, Arkham monitoring showed that Abraxas Capital, which manages assets worth 3.6 billion dollars, currently holds over 200 million dollars in Bitcoin short positions. The fund has incurred a loss of approximately 14.5 million dollars on its short positions in the past 24 hours due to fluctuations in Bitcoin prices.
Abraxas Capital Loses Approximately 14.5 Million Dollars Due to Bitcoin Price Fluctuations
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