CEXxas Capital Faces $244.78M Loss on Short Positions in Bull Market

Gate News bot message, CEXxas Capital currently holds short positions across multiple cryptocurrencies in two separate wallets. The firm recorded a floating loss of $244.78M on their short positions in BTC, ETH, SOL, HYPE, and SUI. The largest portion of the losses stems from their ETH positions, accounting for $188.7 million of the total deficit.

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