#AnotherJAMESWYNN
Abraxas: Whale trader Abraxas shorted $488 million, with large allocations in $BTC ($224 million), $ETH ($163 million), and $HYPE ($57 million), as well as other tokens like $SOL ($44 million) and $SUI ($560,000). They managed to make $13.3 million. Risks: Crypto markets are highly volatile, and this shorting strategy is high-risk, especially with high leverage, which can lead to significant losses if the price suddenly rises.