Abraxas Capital's short position in Hyperliquid has a floating loss of more than $100 million

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According to Foresight News, based on Arkham's monitoring, Abraxas Capital's short positions in BTC and ETH on Hyperliquid have incurred losses exceeding $100 million. Currently, the account is shorting BTC, ETH, SOL, and HYPE, with total short positions approaching $800 million and unrealized losses of approximately $106.3 million.

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