Gate News reports that on March 25, according to Hyperinsight monitoring, in the past hour, the sub-address of Abraxas Capital (0xb83d…) has been continuously rolling over its short positions in GOLD (gold tokens), accumulating nearly $4 million in additional holdings. After this increase, its 5x leveraged short position reached a total of $21.25 million, with an average entry price dropping from $5,187 to $4,796. The current GOLD price is $4,587, with an unrealized profit of approximately $980,000 and a return of 12%. The liquidation price is at $6,144. Previously, this address significantly increased its position when the gold price was around $4,850, catching the high point of the previous downward trend. Additionally, this address holds a short position in BRENTOIL (Brent crude oil tokens) worth $25 million, with an unrealized profit of $2.95 million.
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