Abraxas Buys $32M Ether to Hedge a $353M Short It Won’t Close
Covered by 1 source · 1 article
Abraxas Capital has added 13,000 ETH worth about $32.39 million in the spot market, offsetting a 141,180 ETH short on Hyperliquid valued near $353.27 million. Abraxas’ Buy The purchase was brought to light earlier today, with the firm acqui…
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