Mega Fund Abraxas Capital Down $1M Shorting BTC

Posted: 2025-06-27 15:46:25 UTC

@Arkhamarkham

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This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.

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Last Updated

2025-06-27 15:46:48 UTC

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Abraxas Capital is short over $220M of Bitcoin on-chain and is currently down $1M in unrealized profit and loss (uPnL).

Abraxas Capital's $220M Bitcoin short position

Current $1M loss in uPnL

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