According to @lookonchain, Abraxas Capital operates two accounts shorting ETH, BTC, SOL, HYPE, and SUI as a hedge against spot holdings. source: Lookonchain on X, Aug 10, 2025 According to @lookonchain, the combined unrealized loss on these hedge shorts exceeds $190M. source: Lookonchain on X, Aug 10, 2025 According to @lookonchain, the accounts hold 113,819 ETH in short positions worth about $483M, with the ETH short leg down more than $144M. source: Lookonchain on X, Aug 10, 2025; source: hyperdash.info trader dashboard According to @lookonchain, the position and PnL figures are drawn from the hyperdash.info trader dashboard referenced in the post. source: Lookonchain on X, Aug 10, 2025; source: hyperdash.info trader dashboard According to @lookonchain, traders can track these Abraxas-linked accounts on hyperdash.info to monitor changes in short size across BTC, ETH, SOL, HYPE, and SUI for execution and order-flow awareness. source: Lookonchain on X, Aug 10, 2025; source: hyperdash.info trader dashboard

According to @lookonchain, Abraxas Capital’s two tracked accounts are short ETH, BTC, SOL, HYPE, and SUI as a hedge against spot holdings, with aggregate unrealized losses exceeding $190M; source: @lookonchain tweet https://twitter.com/lookonchain/status/1954392919433179335 and on-chain dashboard https://hyperdash.info/trader/0x5b5d5. The positions include 113,819 ETH shorts worth about $483M, showing more than $144M in unrealized losses; source: @lookonchain tweet and hyperdash.info/trader/0x5b5d5. This implies roughly 76% of the reported unrealized loss is tied to ETH shorts and about a -30% PnL on the ETH short notional, based on the same dataset; source: @lookonchain tweet and hyperdash.info/trader/0x5b5d5. Traders tracking ETH, BTC, SOL, HYPE, and SUI can monitor these addresses and PnL changes on the referenced on-chain dashboard for execution and hedging decisions; source: hyperdash.info/trader/0x5b5d5 and @lookonchain.

According to @lookonchain, two accounts attributed to Abraxas Capital are short ETH, BTC, SOL, HYPE, and SUI with total unrealized losses exceeding 190 million USD, citing tracker pages hyperdash.info/trader/0x5b5d5… and hyperdash.info/trader/0xB83DE… on Aug 10, 2025. According to @lookonchain, the ETH short totals 113,819 ETH with about 483 million USD notional and more than 144 million USD in unrealized loss. According to @lookonchain, these active positions can be monitored in real time via the provided hyperdash.info trader pages for exposure and PnL updates. According to @lookonchain, the post did not disclose liquidation thresholds or entry prices.

According to Lookonchain, two Abraxas Capital accounts are shorting ETH, BTC, SOL, HYPE, and SUI with aggregate unrealized losses exceeding $190M as of August 10, 2025 (source: Lookonchain). Lookonchain reports the positions include 113,819 ETH shorts with approximately $483M notional, showing more than $144M in unrealized losses, making ETH the largest loss contributor in the basket (source: Lookonchain). Lookonchain did not disclose the trading venues, leverage, or liquidation levels for these shorts, indicating the figures reflect mark-to-market unrealized PnL rather than realized PnL (source: Lookonchain).

According to The Data Nerd, two wallets associated with Abraxas Capital have accumulated an unrealized profit of approximately $79.92 million by shorting BTC, ETH, HYPE, SUI, and SOL. Onchain data from hypurrscan.io confirms these positions, highlighting significant bearish sentiment from a major institutional player. This level of aggressive shorting activity could signal further downward pressure or increased volatility across these major cryptocurrencies, making it a key data point for traders monitoring large-cap crypto market trends. (Source: The Data Nerd on Twitter, June 23, 2025)

According to Lookonchain, Abraxas Capital's two wallets on Hyperliquid have generated more than $112 million in total profits by shorting BTC, ETH, and SOL with 10x leverage as a hedge against their spot holdings (source: Lookonchain via Twitter, hyperdash.info). This substantial profit highlights the effectiveness of leveraged short strategies during recent market downturns and signals significant institutional participation in derivatives trading. Traders should monitor such large hedging activity, as it can impact liquidity and short-term price volatility for BTC, ETH, and SOL.

According to Lookonchain, Abraxas Capital's two wallets on Hyperliquid have generated over $112 million in profits by shorting BTC, ETH, and SOL with 10x leverage as a hedge against their spot holdings. This significant profit reflects effective risk management and market timing, underscoring the impact of leveraged short positions in volatile conditions. Traders should monitor similar institutional strategies for directional cues, as such large-scale hedging activity may signal continued downside pressure or volatility for BTC, ETH, and SOL in the near term. (Source: Lookonchain, June 22, 2025)

According to Lookonchain, Abraxas Capital's two wallets on Hyperliquid have generated over $13 million in profits by shorting Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) with 10x leverage for spot hedging. This trading strategy demonstrates effective risk management and high capital efficiency, as real-time data from hyperdash.info confirms these wallets are currently in profit. The success of leveraged shorts on major cryptocurrencies signals increased institutional participation and may influence short-term market volatility, providing actionable signals for traders considering similar hedging approaches. (Sources: Lookonchain, hyperdash.info)

According to Lookonchain, Abraxas Capital has realized over $13 million in total profits from two wallets on Hyperliquid by shorting Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) with 10x leverage as a hedging strategy against spot holdings. This trading activity demonstrates the effectiveness of leveraged short positions for risk management during volatile crypto markets, and the success of these trades suggests growing institutional adoption of advanced derivatives platforms like Hyperliquid. Crypto traders are closely monitoring Abraxas Capital’s moves as indicators of institutional sentiment and the broader trend toward professionalized risk management in digital assets (Source: x.com/lookonchain/status/1928352875127652683, hyperdash.info).

According to The Data Nerd, Abraxas Capital transferred a total of 36,520 ETH, valued at approximately $96.18 million, to Binance within 24 hours (source: @OnchainDataNerd on Twitter). Such a significant deposit to an exchange often indicates potential sell-side pressure, which could increase near-term volatility and affect Ethereum price action. Traders should closely monitor Binance order books and ETH trading volumes for possible large-scale liquidations or market-making activity, as institutional movements of this scale frequently signal changing momentum in the crypto market.

According to Lookonchain, Abraxas Capital deposited 36,520 ETH (worth approximately $96.2 million) into Binance over the past 12 hours, as tracked by Arkham Intelligence. Large-scale ETH deposits to centralized exchanges like Binance often signal potential upcoming sell pressure, which could impact Ethereum price volatility and overall crypto market liquidity. Traders should monitor ETH order books and trading volumes for signs of increased activity or rapid price movements following this significant transaction (source: Lookonchain, intel.arkm.com).

According to Lookonchain, Abraxas Capital transferred 36,520 ETH, valued at $96.2 million, into Binance within the past 12 hours (source: Lookonchain via Twitter, intel.arkm.com). Such a substantial deposit often precedes increased selling activity, potentially increasing short-term selling pressure on Ethereum. Traders should closely watch ETH price action and Binance order books for volatility spikes, as large institutional movements like this can trigger rapid price corrections or liquidity events in the crypto market.

According to Cas Abbé (@cas_abbe), Abraxas Capital is currently shorting Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), even while accumulating ETH in their spot portfolio. This approach is a classic hedging strategy aimed at minimizing portfolio risk, as confirmed by transaction data shared on Twitter. Abraxas Capital’s short positions are currently facing unrealized losses exceeding $20 million, but their spot ETH holdings may offset some of these losses if the market reverses. For crypto traders, this signals that large institutions are actively managing risk through both spot accumulation and derivatives trading, which may impact short-term volatility in BTC, ETH, and SOL markets. Source: Cas Abbé (@cas_abbe), May 22, 2025.

According to @PANewsCN, London-based traditional asset manager Abraxas Capital withdrew 270,000 ETH (valued at $700 million) from crypto exchanges within a single week, indicating a substantial investment shift into Ethereum’s DeFi ecosystem, especially towards liquid staking tokens such as wstETH and weETH. This large-scale withdrawal reduces potential exchange sell pressure on Ethereum, potentially supporting bullish sentiment for ETH price action. Traders should note the growing institutional interest in liquid staking products, which could drive liquidity and trading volumes in related DeFi protocols. Source: @PANewsCN

According to Lookonchain, Abraxas Capital resumed Ethereum accumulation after a 3-day pause, acquiring an additional 46,295 ETH ($115.3 million). Since May 7, 2025, Abraxas Capital has purchased a total of 350,703 ETH ($837 million) at an average entry price of $2,386, resulting in an unrealized profit of $50 million as of the latest data (intel.arkm.com, x.com/lookonchain). This sustained buying activity by a major institutional player signals strong bullish sentiment and could influence Ethereum price trends and short-term market liquidity. Traders should monitor on-chain flows and large wallet behaviors for potential volatility triggers and directional cues.

According to Lookonchain, large Bitcoin holders have significantly increased their accumulation activity, with the wallet bc1qcp withdrawing 1,350 BTC (worth $141.91 million) from Binance within the past 8 hours, now holding a total of 20,723 BTC ($2.19 billion). Additionally, the wallet bc1qpu, associated with Abraxas Capital, withdrew 675 BTC ($71.03 million) from Kraken within 7 hours and currently holds 1,797 BTC ($190.11 million). These substantial outflows from major exchanges indicate strong whale confidence and reduce immediate selling pressure, a factor often associated with bullish price momentum in the short term. Traders should closely monitor these on-chain movements as continued whale accumulation typically precedes significant market moves. (Source: Lookonchain Twitter, May 20, 2025)

According to Lookonchain, significant Bitcoin whale accumulation is underway as the wallet bc1qcp withdrew 1,350 BTC (valued at $141.91M) from Binance eight hours ago, now holding a total of 20,723 BTC ($2.19B). Another whale, bc1qpu, associated with Abraxas Capital, withdrew 675 BTC ($71.03M) from Kraken seven hours ago, currently holding 1,797 BTC ($190.11M). These large-scale withdrawals from major exchanges indicate strong bullish sentiment among institutional investors, reducing available exchange supply and potentially creating upward pressure on BTC price in the short term (Source: Lookonchain, Twitter, May 20, 2025).

According to Lookonchain, Abraxas Capital has aggressively accumulated Ethereum ($ETH) by withdrawing 278,639 ETH, valued at $655 million, from exchanges since May 7, 2025, at an average price of $2,350 per ETH. This strategic move has resulted in an unrealized profit of $77 million, signaling strong institutional confidence in ETH's price potential. Such large-scale accumulation by a major fund could tighten exchange liquidity and serve as a bullish signal for traders, potentially driving further upward momentum in Ethereum markets (Source: Lookonchain, intel.arkm.com).

According to @AltcoinGordon on Twitter, London-based Abraxas Capital has purchased an additional 33,482 ETH, bringing their total accumulation to 211,030 ETH (approximately $477.6 million) over the past six days. This large-scale accumulation by an institutional player is a significant trading signal, indicating heightened institutional interest and potential bullish momentum in the Ethereum market. Such whale activity often precedes increased volatility and price action, making ETH a key asset to watch in the current crypto trading landscape (Source: @AltcoinGordon, Twitter, May 14, 2025).

According to The Data Nerd on Twitter, Abraxas Capital Management borrowed $240 million USDT from AAVE and deposited the funds into Binance to purchase Ethereum. Within 24 hours, 65,103 ETH, valued at approximately $168.43 million, were withdrawn from Binance (source: twitter.com/OnchainDataNerd/status/1922471319502819811). This significant ETH accumulation and withdrawal by a large entity signals increased institutional confidence and may drive bullish sentiment for Ethereum traders. Large-scale outflows from Binance could reduce exchange supply, potentially impacting ETH price dynamics and crypto market liquidity.