BlockBeats News: On July 27th, according to HyperInsight monitoring, the address starting with 0x5b5 marked by Arkham as Abraxas Capital has just added $5 million to its ETH hedge short position (10 times). Currently, its ETH short position still has an overall loss of $78.72 million. The specific information is as follows:
Position size: 299 million US dollars Opening price: 2826.72 US dollars Bursting price: 5096.9 US dollars Current profit and loss: floating loss of 78.72 million US dollars
In addition, the BTC hedge short position opened at this address (10 times) has also incurred a floating loss of $22.3 million, with a position value of $345 million. Other major hedging short positions include: HYPE (5 times short), with a floating loss of 6.89 million US dollars; SOL (10 times short), floating loss of 8.51 million US dollars. At present, the overall floating loss of hedging short orders at this address is approximately $115 million.
