CEXxas Capital Faces $107M+ Loss from Crypto Short Positions on Hyperliquid

Gate News bot message, CEXxas Capital's cryptocurrency trading activities have resulted in significant financial setbacks. The firm's two wallets on Hyperliquid, which established short positions on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other digital assets as hedging strategies against their spot holdings, have accumulated losses exceeding $107 million.

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