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Abraxas Capital has increased the position of the ETH hedging short order by 5 million USD, with unrealized losses of 78.72 million USD.
According to BlockBeats news on July 27, monitoring by HyperInsight shows that the address starting with 0x5b5, marked by Arkham as Abraxas Capital, has just increased the position of its ETH hedging short order (10x) by 5 million USD. Currently, its overall ETH short position is still experiencing unrealized losses of 78.72 million USD. Specific information is as follows: Position Size: 299 million USD Opening Price: 2,826.72 USD Liquidation Price: 5,096.9 USD Current Profit and Loss: Unrealized losses of 78.72 million USD. In addition, the BTC hedging short order (10x) opened by this address has also incurred unrealized losses of 22.3 million USD, with a position value reaching 345 million USD. Other major hedging short positions include: HYPE (5x short), with unrealized losses of 6.89 million USD; SOL (10x short), with unrealized losses of 8.51 million USD. Currently, the overall unrealized losses of the hedging short orders for this address are approximately 115 million USD.