Abraxas Capital Snaps Up $39.8M Spot ETH Amid Massive Short Hedge
Abraxas Capital bought 16,554 ETH ($39.8 million) in spot markets over 12 hours while maintaining 120,178 ETH ($291.4 million) in short hedging positions on Hyperliquid.
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Recently added · Page 1Ethereum Jumps as Abraxas Capital Buys $40M in Spot ETH
Abraxas Capital boosted its Ethereum spot holdings by 16,554 ETH ($39.8 million) in the past 12 hours. Meanwhile, the firm maintains $291.4 million in ETH short positions across Hyperliquid hedging a…