📉Abraxas Capital's short account has lost $40 million in 10 days.
According to monitoring by Arkham @arkham, Abraxas Capital has shorted over $430 million in crypto assets on-chain, with its short account losing $40 million in the past 10 days. Abraxas Capital also holds other long hedge positions.
ABRAXAS CAPITAL DOWN $40M ON THEIR SHORTS IN 10 DAYS
Abraxas Capital has been shorting over $430M of crypto on-chain. Their short account is down $40M in PnL in only a week and a half.
Will Abraxas keep shorting?
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