Abraxas Capital keeps stacking up—ETH short positions have surpassed $300 million! Hedge fund Abraxas Capital’s two associated addresses collectively added 4,546.78 ETH to their shorts today, with a transaction value of $11.395 million. Current status: - 0xb83d…6e36: Holding 45,579 ETH short positions, worth $114 million, with an unrealized loss of $16.208 million; - 0x5b5d…c060: Holding 80,345 ETH short positions, worth $201 million, with an unrealized loss of $22.89 million. Combined, the two addresses hold 125,924 ETH short positions, with an unrealized loss of $39.098 million. Currently, neither address has any ETH sell orders. Additionally, the two addresses also hold $272 million worth of BTC short positions, with an unrealized loss of $36.709 million.