$BTC Another bloody slaughter on the scene! Abraxas Capital pocketed $76 million in this round of shorting, giving retail investors' wallets as a generous gift to the institutions.

**The slaughterhouse told by numbers:**
Two wallet addresses have unrealized profits of $76.83 million, with cumulative profits piling up to $269 million—treating the market like their personal ATM. Every 1% price swing means countless retail accounts bleeding out.

**Do you understand the institutional profit formula?**
In a bull market, they hype it up so you buy the top; in a bear market, they short and watch you get liquidated. Their profit grows faster than your entire annual salary. Still fantasizing about following the “smart money”? Wake up—what you see is always what others want you to see.

**The brutal truth about the market food chain:**
With shorts like Abraxas and other capital whales, every point up means thousands of retail traders are lining up on the rooftop. When you try to buy the dip, that’s exactly when they’re offloading in batches; when you ape in with leverage, their traps are already set on the other side.

**A few words of advice for friends still struggling in the market:**

• When institutions are shorting, you’re better off playing dead and waiting for their exit signals before considering entry.
• In a bear market, those “KOL bottom calls” are basically obituary invitations.
• Remember this number: $269 million in short profits—all built on the blood and losses of long positions.

On-chain data for this round has already been thoroughly dissected by multiple institutions (including TechFlow and Onchain Lens). The profit sheet doesn’t lie—when institutions are drinking red wine, retail is left drinking the wind.

**Disclaimer:** This article is only an observation of market phenomena and does not constitute any investment advice. The crypto market is always a pro’s arena—know your own weight before you enter.

(Data source: TechFlow / Onchain Lens)