CoinScoopShort Positions on Bitcoin and Ethereum Lead to Over $100 Million in Losses for Firm
According to Lookonchain, two Hyperliquid accounts linked to Abraxas Capital have accumulated $1.2 billion in short positions, resulting in losses exceeding $100 million. The firm had aimed to profit from a market decline.
Summaries are written by AI from the original article. Not investment advice.