⚡ Interesting to know ⚡
🔶 The British investment company Abraxas Capital has opened short positions with leverage of 5 - 10x on BTC, ETH, SOL, HYPE, and SUI for a total of 800 billion US dollars.
🔸Currently, their floating loss amounts to 106.3 billion US dollars.
🫣 I'm afraid to even imagine what will happen to the company if the market suddenly goes up.