"Abraxas Capital" increased its crude oil short positions to $92 million, with an unrealized profit of $2.6 million.

MarsBitNews

2026-03-27 02:45:49

Abstract generation in progress

Mars Finance News, March 27 — According to Hyperinsight monitoring, last night and this morning, the top two on-chain Brent crude oil holding addresses, “Abraxas Capital,” significantly increased their positions again. Both addresses added to their holdings simultaneously, with a total increase of nearly $26 million. The average purchase price was about $101, and the short positions increased by approximately 130% compared to last Sunday morning.

Following this round of accumulation, each address now holds over $40 million in short positions, bringing the total holdings to $92 million. The average cost is around $103, with an average liquidation price of $137. After gradually adding to their positions, by 4 a.m. today, these addresses turned a profit, with unrealized gains totaling $2.6 million.

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