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![lookonchain Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1462727797135216641.png) Lookonchain [@lookonchain](/creator/twitter/lookonchain) on x 603.9K followers
Created: 2025-07-14 07:46:54 UTC

Abraxas Capital's two wallets on Hyperliquid, shorting $BTC, $ETH, $SOL and other tokens as a hedge against their spot holdings, are now sitting on a $107M+ loss.




![](https://pbs.twimg.com/media/GvzWUzWWwAAUwCX.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944664890914050251/c:line.svg)

**Related Topics**
[btc eth](/topic/btc-eth)
[sol](/topic/sol)
[$107m](/topic/$107m)
[hedge](/topic/hedge)
[$sol](/topic/$sol)
[$eth](/topic/$eth)
[$btc](/topic/$btc)
[hyperliquid](/topic/hyperliquid)

[Post Link](https://x.com/lookonchain/status/1944664890914050251)