2026-03-20 07:23:26
Spot gold continues downtrend, on-chain short address Abraxas Capital holds millions in short positions with floating gains of 1.93 million USD
Spot gold continues to decline, with today's low touching $4,520, currently trading at $4,680. Short seller Abraxas Capital has unrealized gains of $1.93 million, taking partial profits this morning while still holding $17.8 million in gold short positions with an average entry price of $5,187.