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Flash
- 04:04「Abraxas Capital」 has closed approximately $240 million worth of ETH short positions, marking a 90% decrease in the size of this short position compared to the previous period.BlockBeats News, December 17th, according to HyperInsight monitoring, it was reported that an address recently identified as Abraxas Capital (0x5b5) has been continuously closing ETH short positions. In the past 20 hours, this address has been continuously closing approximately $9.7 million worth of ETH shorts at $2,932. The position size has decreased from $51.57 million last week to $26.54 million, with an average entry price of $3,471, an unrealized profit of $4.69 million (176%), and this short position has realized a profit of $13.74 million through funding rate settlements. According to the monitoring, Abraxas Capital's ETH short positions were opened in May and the address was previously the largest whale in Hyperliquid's contract funding pool. Starting from November, the address has been consistently taking profits on its ETH short positions. The position size was approximately $267 million, and it has currently closed about $240 million, part of which has been used to increase its spot HYPE holdings. The current HYPE spot holdings amount to around $47.5 million.
- 03:57predict.fun has been launched, conducting an airdrop of initial points to prediction market participants and BNB Chain transaction users.BlockBeats News, December 17, the prediction market predict.fun has been launched. Currently, the platform's trading volume has reached $10 million and is conducting an initial points airdrop activity for prediction market participants and BNB Chain users.
- 03:45Bitget launches the 7th VIP Promotion Event, unlock 70,000 USDT through contract tradingAccording to TechFlow, on December 17, Bitget launched the 7th VIP Promotion Event, targeting non-VIP users. During the event, users who upgrade their level to VIP 1 through contract trading can jointly unlock 70,000 USDT. This event is open to selected users. Before participating, users need to click the "Register" button on the event page to complete registration. The event ends at 23:59 on December 23 (UTC+8).
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Abraxas Capital Closes ETH Short Positions, Realizes $13.74M Profit as Ethereum Exposure Shifts to $47.5M in HYPE Holdings
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「Abraxas Capital」 has closed approximately $240 million worth of ETH short positions, marking a 90% decrease in the size of this short position compared to the previous period.
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