[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Copin Analyzer 📌 [@Copin_io](/creator/twitter/Copin_io) on x 13.1K followers Created: 2025-07-22 02:27:12 UTC As $BTC surpasses $120K and $ETH clears $3.6K, short sellers are getting wiped out. Here are some of the biggest victims 💀: 1/ Abraxas Capital: from +$100M to -$165M A whale, suspected to be Abraxas Capital, is now down ~$165M after a massive profit reversal. The loss is spread across two wallets running 10x shorts on majors like $BTC, $ETH, & $SOL. More significantly, these same trades were reportedly up over $100M just a while ago. However, many believe that this is just a large-scale funding rate farming operation by Abraxas Capital. 2/ Losing $26.1M in <30 days A wallet has been tagged "Short Bias" and "All-in" by Copin's auto-labeling system and living it up to the name. This trader has lost $26.1M in under XX days shorting $BTC & $ETH. In one incident, he managed to lose more than $12M on a single trade, shorting $BTC to the tune of $475M. Since July 12th, after depositing another $10M to his Hyperliquid account, he has burned through most of it and is now down to his last $133K while still holding a $6.23M short on $BTC with 40x leverage. 3/ Down $22.4M from June to July This trader lost ~$8M in the last X days alone shorting $ETH, bringing his all-time PnL down by $22.4M from its peak of $27.1M at the beginning of June. Copin data shows he finally taken a break from trading and withdrew all remaining funds from Hyperliquid yesterday. 4/ Check out the wallets mentioned here👇 Abraxas Capital 1: Abraxas Capital 2: -$26.1M in XX days: Down $22.4M from June to July:  XXX engagements  **Related Topics** [btc eth](/topic/btc-eth) [sol](/topic/sol) [100m](/topic/100m) [$sol](/topic/$sol) [10x](/topic/10x) [coins wallets](/topic/coins-wallets) [reversal](/topic/reversal) [$165m](/topic/$165m) [Post Link](https://x.com/Copin_io/status/1947483536128413840)
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Copin Analyzer 📌 @Copin_io on x 13.1K followers
Created: 2025-07-22 02:27:12 UTC
As $BTC surpasses $120K and $ETH clears $3.6K, short sellers are getting wiped out. Here are some of the biggest victims 💀:
1/ Abraxas Capital: from +$100M to -$165M
A whale, suspected to be Abraxas Capital, is now down ~$165M after a massive profit reversal.
The loss is spread across two wallets running 10x shorts on majors like $BTC, $ETH, & $SOL. More significantly, these same trades were reportedly up over $100M just a while ago.
However, many believe that this is just a large-scale funding rate farming operation by Abraxas Capital.
2/ Losing $26.1M in <30 days
A wallet has been tagged "Short Bias" and "All-in" by Copin's auto-labeling system and living it up to the name.
This trader has lost $26.1M in under XX days shorting $BTC & $ETH. In one incident, he managed to lose more than $12M on a single trade, shorting $BTC to the tune of $475M. Since July 12th, after depositing another $10M to his Hyperliquid account, he has burned through most of it and is now down to his last $133K while still holding a $6.23M short on $BTC with 40x leverage.
3/ Down $22.4M from June to July
This trader lost ~$8M in the last X days alone shorting $ETH, bringing his all-time PnL down by $22.4M from its peak of $27.1M at the beginning of June. Copin data shows he finally taken a break from trading and withdrew all remaining funds from Hyperliquid yesterday.
4/ Check out the wallets mentioned here👇
Abraxas Capital 1: Abraxas Capital 2: -$26.1M in XX days: Down $22.4M from June to July:
XXX engagements
Related Topics btc eth sol 100m $sol 10x coins wallets reversal $165m