Abraxas Capital's short positions in crude oil have increased to $92 million, with a floating profit of $2.6 million.

PANews reported on March 27 that, according to HyperInsight monitoring, the top two Brent crude oil holdings on the blockchain, "Abraxas Capital," increased their positions significantly again last night and this morning. The two addresses increased their positions simultaneously, with a total increase of nearly $26 million. The average price of the increase was about $101, and the size of the short positions increased by about 130% compared to yesterday morning.

Following this round of increased short positions, the two addresses now each hold over $40 million in short positions, bringing the total open interest to $92 million. The average price is approximately $103, and the average liquidation price is $137. After gradually increasing their positions, the addresses turned a profit at 4:00 AM today, with a total unrealized gain of $2.6 million.