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.