These 3 Trading Firms Still Bet on a Bitcoin and Ethereum Drop Despite the Rally
Market / Price
Abraxas Capital, Fasanara Capital, and Wintermute hold combined short positions of 138,569 ETH and 3,425 BTC on the Hyperliquid platform. The joint unrealized losses of these positions reached approximately $75 million following recent market price surges. Abraxas Capital executed spot market hedges through withdrawals of 73,872 ETH from Binance over a four-day period.
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