"Abraxas Capital" is optimistic about the expectations of US-Iran negotiations, and as oil prices rebound, they have significantly increased their short positions by $16 million.

MarsBitNews

2026-03-26 09:28:30

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Mars Finance News, March 26 — According to Hyperinsight monitoring, expectations for a ceasefire in the US-Iran negotiations have repeatedly fluctuated, but both US and Brent crude oil prices surged within the day. Against this backdrop, the top two addresses on the Brent crude oil chain, “Abraxas Capital,” significantly increased their positions. Over the past hour, both addresses added to their holdings simultaneously, with short positions increasing by a total of $16 million at an average entry price of about $99.6.

Following this round of accumulation, the combined short positions now total $66.4 million, with an average cost of approximately $103 and an average liquidation price of $140. Due to the short-term rise in oil prices, unrealized gains have narrowed from $3 million to $2.2 million.

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