Abraxas Capital, a short seller of gold and crude oil, rolled short in GOLD by nearly $4 million, bringing its total short position to $21.2 million.

According to Mars Finance, on March 25th, Hyperinsight monitoring showed that in the past hour, the "Abraxas Capital sub-address" (0xb83d…) continuously rolled over its short position in GOLD (gold), accumulating an increase of nearly $4 million. After this increase, its total short position with 5x leverage (CL) rose to $21.25 million, with the average holding price decreasing from $5187 to $4796. The current GOKD price is $4587, and this position has a floating profit of approximately $980,000, a return of 12%, with a liquidation price of $6144. It is understood that this short position was previously heavily added when the gold price was around $4850, hitting the high point of the previous decline. Currently, it also holds a $25 million short position in BRENTOIL (Brent crude oil), with a floating profit of $2.95 million.