Abraxas Capital’s Strategic Short Positions Rake in $269 Million During Crypto Downturn

Cryptocurrency firm Abraxas Capital has made a remarkable $269.1 million profit from its short positions during the recent crypto market downturn, demonstrating the potential of these strategies even in challenging times. This successful maneuver, uncovered by Onchain Lens, showcases how savvy investors can capitalize on market volatility to achieve significant returns.