Abraxas Capital went against the trend and shorted ETH, raising its position size to $315 million

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Two affiliated addresses of hedge fund Abraxas Capital continued to add ETH short positions today, with a total increase of 4546.78 ETH and a turnover of approximately $11.395 million. among which -0xb83d... 6e36: Short position of 1257 ETH, current position of 45579 ETH, value of $114 million, average price of $2148.6, floating loss of $16.208 million; -0x5b5d... c060: Short position of 3289.77 ETH, current position of 80345 ETH, value of $201 million, average price of $2219.1, floating loss of $22.89 million. At present, the two addresses hold a total of 125924.52 ETH empty positions, with a value of $315 million and unrealized losses of up to $39.098 million. In addition, the two addresses also hold BTC short positions worth $272 million, with a floating loss of $36.709 million. Associated address 1: 0x5b5d51203a0f9079f8aeb098a6523a13f298c060 Associated address 2:0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

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