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Abraxas, Fasanara and Wintermute Maintain Strong $600M BTC-ETH Short Hedges

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TL;DR Abraxas, Fasanara and Wintermute maintain more than $600 million in combined Bitcoin and Ether shorts, with liquidation levels at least 62% above spot prices. Abraxas holds roughly $783 million in Hyperliquid short exposure and withdr…

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Abraxas, Fasanara and Wintermute Maintain Strong $600M BTC-ETH Short Hedges
Crypto Economy 4h ago

Abraxas, Fasanara and Wintermute Maintain Strong $600M BTC-ETH Short Hedges

TL;DR Abraxas, Fasanara and Wintermute maintain more than $600 million in combined Bitcoin and Ether shorts, with liquidation levels at least 62% above spot prices. Abraxas holds roughly $783 million in Hyperliquid short exposure and withdr…