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Abraxas Capital's short positions have unrealized losses exceeding 100 million USD.
On July 29, according to monitoring by Arkham, Abraxas Capital's short positions have unrealized losses exceeding 100 million dollars. Abraxas Capital holds the largest position of BTC and ETH short orders on Hyperliquid. Their account has currently shorted nearly 800 million dollars worth of BTC, ETH, SOL, and HYPE. The account's current unrealized losses amount to 106.3 million dollars, with Bitcoin's liquidation price at 156,000 dollars.