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🚨 ETH returns to $2,300, BTC breaks through $74,000, Hyperliquid top shorts’ unrealized loss expands.

1/ Abraxas Capital two related addresses:
• 0xb83d…6e36: BTC -$12.03M|ETH -$10.14M|HYPE -$8.94M, total over $31.0M
• 0x5b5d…8c060: ETH -$14.37M|BTC -$9.98M|HYPE -$6.96M

2/ BobbyBigSize (0x7fda…517d) holds 40,100 ETH short positions, worth $94.28M, with an unrealized loss of $14.85M— the largest ETH shorts’ unrealized loss.
Since Aug 19, has topped up USDC 32 times totaling $39.22M; margin usage rate is only 28.74%, with available $21.426M.

#ETH #BTC #Hyperliquid