According to Techub News, monitored by Look On Chain, two accounts of Abraxas Capital are shorting Ethereum, Bitcoin, SOL, HYPE, and SUI, with an unrealized loss totaling over $190 million. They hold short positions of 113,819 Ether (worth approximately $483 million), with losses exceeding $144 million.

ETH2.56%
BTC2.33%
SOL4.92%
HYPE4.98%
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