🤑 Crypto Whales Gone Wild: Shorts, Squirts, and Bearish Bets! 🐻

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Ah, the marvelous world of crypto, where numbers dance like sugarplums in the heads of greedy goblins! 🧙‍♂️✨ Abraxas Capital, that sly old fox, is up to its usual tricks, ramping up its bearish bets faster than a child gobbling chocolate. 🍫💨 According to the wizards at HyperInsight, their wallet (0xb83) gobbled up another 2 million ASTER tokens in just two hours-quicker than you can say “short squeeze”! 🚀

Now, this brings their total position to a whopping $4.04 billion-enough to make even the richest of witches cackle with envy. 🧙‍♀️💰 Their unrealized profit? A cool $9.46 million. Weekly gains? A staggering $54.31 million. But wait, there’s more! Abraxas isn’t just nibbling on ASTER; they’ve got their claws in Ethereum ($146 million shorts) and Solana ($49.5 million) too. Greedy? Perhaps. Brilliant? Undoubtedly. 🧠💎

Whales Splashing in Opposite Ponds

Meanwhile, in the deep blue sea of crypto, the whales are having a jolly old swim-but in opposite directions! 🐋 Spot On Chain reports that two jolly giants, “0xFB3” and “0x5bd,” have scooped up $62.5 million worth of ASTER in the last day. 🤑 Whale “0xFB3” now holds 50 million ASTER ($105 million) after repeated withdrawals from Gate.io, while “0x5bd” has padded its bag to 8.28 million ASTER with fresh withdrawals from Bybit. What a pair of merry treasure hunters! 🏴‍☠️✨

[Update] The first two whales added another $62.5M in $ASTER to their bags over the past 24 hours!

1️⃣ Whale “0xFB3” withdrew another 26M $ASTER ($59M) from #Gateio, now holding 50M $ASTER ($105M) in total.

2️⃣ Fresh whale “0x5bd” further withdrew 1.56M $ASTER ($3.52M) from #Bybit,…

– Spot On Chain (@spotonchain) September 25, 2025

Olaxbt, that cheeky crypto commentator, chimed in on X: “Abraxas Capital’s sleek flow: ~846M total position, $41M+ ETH short squeeze. ETH & SOL impacted-soft currents shift.?” 🌊 Peek their vibe? More like peek their wallet! 👀💼

Abraxas Capital’s sleek flow: ~846M total position, $41M+ ETH short squeeze. #ETH & #SOL impacted-soft currents shift. Peek my vibe?

– olaxbt (@olaxbt) September 25, 2025

Market Signals Flash Bearish (Boo-hoo! 😢)

Olaxbt also shared a chart showing Bitcoin (BTC) slipping from $117,800 to $111,673-a tumble that would make even the most stoic investor shed a tear. 😭 The Cumulative Volume Delta (CVD) is showing lower highs, a bearish sign as clear as a chocolate factory’s chimney smoke. 🏭 And the Money Flow Index (MFI)? It’s dropped to 26.70, teetering on the edge of oversold territory. BTC might bounce like a spring, but the downside risks are as sharp as the teeth of the BFG’s snozzcumber! 🦷

According to the Hyperliquid Whale Tracker, whales own $10.01 billion in assets, with shorts ($5.35 billion) outnumbering longs ($4.66 billion). Long exposure is the culprit behind -$237.13 million in unrealized losses-ouch! 😣 Meanwhile, longs pay $47.64 million in funding costs, while shorts receive $156.70 million. Shorts are the belle of the ball, it seems! 💃

Abraxas Capital’s heavy shorting is a clear sign that the big players are betting on prices dropping faster than a child’s jaw at a candy store. 🍭 If selling pressure keeps building on ASTER, ETH, and SOL, the market could get as volatile as a room full of excited children! 🤪🎢

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2025-09-25 17:04