Abraxas Capital Profit Stands at $340 Million on Short Positions

Abraxas Capital has recorded a profit of $340 million on short positions, despite the current drawdown in the BTC/USD pair.

The fund's total open short position volume is approximately $1.3 billion. This result demonstrates the company's high trading strategy efficiency in the cryptocurrency market.

Despite overall financial success, the fund is experiencing a temporary decline in the value of its Bitcoin positions. Analysts are tracking this trend through smart contracts.

Detailed position information is available at the following addresses:

• First wallet
• Second wallet