According to BlockBeats, HyperInsight monitoring reveals that over the past six hours, the address identified as Abraxas Capital (0x5b5d) has significantly increased its short positions on XPL, accumulating over 19.76 million units. The total holdings of this address are approximately $846 million, with all positions currently being short. This week, the address has reported profits of around $72.47 million.
The primary short positions include approximately $300 million in BTC, $295 million in ETH, and $118 million in SOL. Additionally, the address has been consistently increasing its short positions on ASTER since yesterday, with current holdings amounting to approximately $14.77 million.