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According to a report by Jinse Finance, Arkham monitoring shows that Abraxas Capital's short positions have incurred over $100 million in unrealized losses. Abraxas Capital holds the largest BTC and ETH short positions on Hyperliquid. Their account is currently shorting nearly $800 million worth of BTC, ETH, SOL, and HYPE. The account's current unrealized loss stands at $106.3 million, with the BTC liquidation price at $156,000.

According to Jinse Finance, on-chain analyst Ember (@EmberCN) has monitored that a Blast network whale address transferred 8,231 ETH (approximately $31.23 million) from the Blast network back to the Ethereum mainnet within the past hour, and subsequently deposited it into an exchange. This whale had deposited 45,000 ETH ($102 million) into Blast mining in December 2023, and since August 2024 has been gradually withdrawing ETH in batches and transferring it to an exchange. The amount withdrawn today is essentially the last of his funds on the Blast network.