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.