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Abraxas Capital closed positions to take profits in multiple currencies, with two addresses earning nearly 200 million dollars in one day

Oct 11, 2025 14:09:03

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ChainCatcher news, according to HyperInsight monitoring, in the past 6 hours, the address marked as Abraxas Capital (0x5b5d) has rolled short positions in ETH, XPL, PUMP, Aster, and other cryptocurrencies, with a total position of approximately $740 million. Its sub-address (0xb83) has been following the main address's operations while also continuously reducing its short positions in Aster and SOL in the last hour, with a total position of approximately $330 million.

Additionally, monitoring shows that both addresses of Abraxas Capital are fully short, ranking second and third on the profit list within 7 days in just one day. Today, the two addresses have collectively gained $197 million, with an unrealized profit of approximately $84 million. It is worth noting that today several whales have closed their short positions to take profits. ChainCatcher reminds investors that the volatility in the cryptocurrency market has significantly increased recently, and investors should pay attention to risk control.

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