Markets· ★★★· bearish·

Abraxas Capital holds $980M in shorts on Hyperliquid

  • —Abraxas Capital's total shorts on Hyperliquid exceed $980 million
  • —ETH short: 168,549 coins worth $423.7 million
  • —BTC short: 2,771 coins worth $214 million
Why it matters: The large short position in ETH and BTC signals the fund is betting against the market ahead of the Fed meeting.
#ETH#BTC
Source: PANews
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