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Abraxas Capital profited $13 million through leveraged shorting of Crypto Assets.
According to Gate News bot, data monitored by Lookonchain shows that Abraxas Capital used 10x leverage to short BTC, ETH, and SOL for spot hedging transactions in two wallets on the Hyperliquid platform. The data indicates that the transaction has yielded profits, with total earnings exceeding 13 million USD.
Source: Wu said
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