Abraxas Capital is shorting $BTC , $ETH , and $SOL 🚨

Wait, aren’t they also buying $ETH? Why both?

It’s called hedging — a strategy to reduce risk.

Right now, their short trades are down over $20M, but their long-term holdings (spot) are up more than $80M.

Plus, they’ve earned over $1.5M from funding fees.

Bottom line: they’re still deep in profit.

#AbraxasCapital #SHORT📉 #BTCPrediction #GregLens #BinanceSquareFamily