Bitcoin Targeted by $1.58B Crypto Shorts
Two Hyperliquid wallets linked to Abraxas Capital hold $948M in shorts against $BTC and $ETH, totaling $1.58B. Currently, they show a $114.5M paper loss. #Update #Crypto
Two Hyperliquid wallets linked to Abraxas Capital hold $948M in shorts against $BTC and $ETH, totaling $1.58B. Currently, they show a $114.5M paper loss. #Update #Crypto
Wallet 0x004e closed a 700 $BTC short, incurring a $1.94M loss, erasing prior gains. Bitcoin’s rise above $81,000 triggered this liquidation. #Breaking #Crypto $BTC
Bitcoin surged past $80,000, triggering $150M in short liquidations within an hour on @Binance. With 62.8% shorts remaining, further buybacks may drive prices higher. #Update #Crypto $BTC