Abraxas Capital once again added $5 million to its ETH short position, bringing the total to a $78.72 million unrealized loss.
BlockBeats News, July 27th, according to HyperInsight monitoring, the address starting with 0x5b5, identified by Arkham as Abraxas Capital, has just added $5 million to its ETH short position hedge (10x leverage), which is currently still unrealized loss of $78.72 million. The specific information is as follows:
Position Size: $299 million
Entry Price: $2,826.72
Liquidation Price: $5,096.9
Current P&L: Unrealized Loss of $78.72 million
In addition, the BTC short position hedge (10x leverage) opened by this address has also incurred an unrealized loss of $22.3 million, with a position value of $345 million. Other major short positions include: HYPE (5x short), with a loss of $6.89 million; SOL (10x short), with a loss of $8.51 million. Currently, the overall unrealized loss of the short positions by this address is approximately $115 million.
You may also like

From real estate to the internet, where is the wealth password for the next decade hidden?

Fintech vs. DeFi: Which Financial System is More Competitive?

Ethereum Repricing: From Rollup-Centric to "Security Settlement Layer"

Stop Talking About Gold, Bitcoin Is Not a Safe Haven Asset

Aave Founder: What Is the Secret of the DeFi Lending Market?
The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes
What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.
How Smart Money Tracker Survived Live AI Trading at WEEX AI Hackathon
Discover how WEEX AI Trading Hackathon tested strategies with real capital—no simulations. See how Smart Money Tracker survived flash crashes and leveraged 18x in live markets.
80% Win Rate to 40% Drawdown: An AI Trader's Brutal Recalibration at WEEX AI Wars
Dive into the technical blueprint of an AI trading system built on LLaMA reasoning and multi-agent execution. See how Quantum Quaser uses confidence thresholds & volatility filters at WEEX AI Wars, and learn the key to unlocking 95% win rate trades.
AI Trading Strategy Explained: How a Beginner Tiana Reached the WEEX AI Trading Hackathon Finals
Can AI trading really outperform human emotion? In this exclusive WEEX Hackathon finalist interview, discover how behavioral signal strategies, SOL trend setups, and disciplined AI execution secured a spot in the finals.

When AI Takes Over the 'Shopping Journey,' How Much Time Does PayPal Have Left?

Bloomberg: Aid Turkey Freeze $1 Billion Assets, Tether Remakes Compliance Boundary

Polymarket vs. Kalshi: The Full Meme War Timeline

Consensus Check: What Consensus Was Born at the 2026 First Conference?

Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?

Russian-Ukrainian War Prediction Market Analysis Report

Ethereum Foundation Executive Director Resigns, Coinbase Rating Downgrade: What's the Overseas Crypto Community Talking About Today?

Who's at the CFTC Table? A Rebalancing of American Fintech Discourse
AI Trading vs Human Crypto Traders: $10,000 Live Trading Battle Results in Munich, Germany (WEEX Hackathon 2026)
Discover how AI trading outperformed human traders in WEEX's live Munich showdown. Learn 3 key strategies from the battle and why AI is changing crypto trading.
From real estate to the internet, where is the wealth password for the next decade hidden?
Fintech vs. DeFi: Which Financial System is More Competitive?
Ethereum Repricing: From Rollup-Centric to "Security Settlement Layer"
Stop Talking About Gold, Bitcoin Is Not a Safe Haven Asset
Aave Founder: What Is the Secret of the DeFi Lending Market?
The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes
What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.