#AbraxasCapital翻车现场 # BTC #Hedging strategy failed



Laughing to death, Abraxas Capital's hedging operation is simply more impressive than "Contract God"! With a floating loss of 107 million dollars, this reverse operation can be included in the classic cases of hedging in the crypto circle 😂

Indeed, shorting in a bull market is like giving away money. It is recommended to change it directly to "Abraxas Charity Fund" next time, more fitting~

@Lookonchain This data is beautifully captured, I suggest sending Abraxas a "Best Contribution of the Year" trophy🏆

(Professional Analysis: This wave once again confirms the iron rule of not shorting in a bull market, and hedging strategies also depend on the market cycle, brothers!)
BTC-0.9%
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