BlockBeats news, on March 25, according to Onchain Lens monitoring, 45 minutes ago, Abraxas Capital increased its gold short position. 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 Establishes a $22.85M Short Position in Gold
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Summary
According to Onchain Lens, Abraxas Capital established a $22.85 million short position in gold on March 25. The firm’s current position carries unrealized profits of $980,000, with a liquidation price at $6,131. Position sizing remains a critical factor in managing risk and returns.
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