Abraxas Capital has suffered a total unrealized loss of over $131,000,000.00 across multiple short positions.

According to Onchain Lens monitoring, despite the market uptrend, Abraxas Capital's two wallet addresses are currently showing a floating loss of over $131.00 million on HyperLiquid for multiple short positions on $BTC, $ETH, $SOL, $SUI, $HYPE, and FARTCOIN. [Odaily Planet Daily News]