ChainThink reports that on March 25, according to Onchain Lens monitoring, 45 minutes ago, Abraxas Capital increased its short position in gold. As of now, his gold short position is approximately $22.85 million, with an unrealized profit of about $980,000 and a closing price of approximately $6,131.
Abraxas Capital Adds $22.85 Million in Gold Short Position
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Summary
According to ChainThink, Abraxas Capital established a $22.85 million short position in gold on March 25. The position was increased 45 minutes ago, with unrealized profits of $980,000 and a liquidation price of $6,131. Position sizing appears to be a key component of the firm’s trading strategy.
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