Abraxas Capital has significantly increased its short positions in XPL, adding over 19.76 million tokens in the past six hours, according to HyperInsight monitoring. The address, identified as 0x5b5d, now holds approximately $846 million in total short positions, with a weekly profit of $72.47 million. Key short positions include $300 million in BTC, $295 million in ETH, and $118 million in SOL. Additionally, the address has been increasing its ASTER short positions, currently valued at $14.77 million.
Abraxas Capital Expands XPL Short Positions, Total Holdings at $846M
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