Abraxas Capital Adds a $4 Million Short Position in GOLD, Bringing Total Exposure to $21.2 Million

KuCoinFlash

Release Time: 03/25/2026 02:45:51

Summary

On March 25, Abraxas Capital’s sub-address (0xb83d…) added nearly $4 million to its short position in GOLD, increasing total exposure to $21.25 million. The 5x leveraged position has an average entry price of $4,796, with the current GOLD price at $4,587. This trading move has generated a floating profit of $980,000, or 12%. The liquidation price is at $6,144. Abraxas also holds a $25 million short position in BRENTOIL, with a $2.95 million profit. Position sizing remains a key focus of the firm’s strategy.

BlockBeats report, March 25: According to Hyperinsight monitoring, over the past hour, the "Abraxas Capital sub-address" (0xb83d…) rolled over its GOLD (gold) short position sequentially, accumulating an additional $4 million.

After this increase, its 5x leveraged CL short position total size rose to $21.25 million, with the average entry price dropping from $5,187 to $4,796. The current GOKD price is $4,587, resulting in an unrealized profit of approximately $980,000, a return rate of 12%, and a liquidation price at $6,144.

It is reported that this short position significantly increased its stake when gold was around $4,850, correctly timing the peak of the previous downturn. It currently maintains a $25 million short position in BRENTOIL (Brent Oil), with an unrealized profit of $2.95 million.

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