Abraxas Capital's top short positions are now sitting on unrealized losses of $114 million BTC hits $80,000, ETH breaks $2,500, and the unrealized losses on the top short positions of two Abraxas Capital-linked addresses have expanded even further. 1⃣ 0x5b5d…c060: 4 short positions with a total unrealized loss of $58.26M, including an ETH short worth $125M, with a single position losing $22.02M. 2⃣ 0xb83d…6e36: 4 short positions with a total unrealized loss of $55.92M, with BTC, ETH, and HYPE positions losing $19.16M, $16.92M, and $15.66M respectively. Just these 8 top short positions across the two addresses have racked up a combined unrealized loss of $114M. What’s more, since August 21, both addresses have only been adding to their BTC, ETH, SOL, and HYPE shorts without closing any positions. Currently, there are no open orders, and no clear signs of retreat yet. In contrast, BobbyBigSize has already started reducing positions: over the same period, he’s realized losses of $7.83M across four assets. He still holds 27,241 ETH shorts worth $68.63M, with an unrealized loss of $14.66M. With BTC and ETH continuing to climb, the pressure on these top short positions has clearly reached a whole new level. Direct links to the addresses: Abraxas Capital 1: https://(((aicoin.com)))/zh-Hans/hyper-detail/0x5b5d51203a0f9079f8aeb098a6523a13f298c060 Abraxas Capital 2: https://(((aicoin.com)))/zh-Hans/hyper-detail/0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36 BobbyBigSize: https://(((aicoin.com)))/zh-Hans/hyper-detail/0x7fdafde5cfb5465924316eced2d3715494c517d1