
Abraxas Capital holds $980M in shorts on Hyperliquid, signals bearish outlook
Abraxas Capital's bearish stance on Hyperliquid may signal broader market skepticism, potentially influencing investor sentiment and market dynamics.

Abraxas Capital's bearish stance on Hyperliquid may signal broader market skepticism, potentially influencing investor sentiment and market dynamics.

Abraxas Capital bought13,000 ETH worth $32.39 million to hedge its $353.27 million shorts.

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 acquiring 13,000 ETH in the spot market for about $32.39 million (or an implied price near $2,491 […]

Abraxas Capital has bought another 13,000 ETH worth $32.39 million in the spot market to hedge part of a 141,180 ETH short position on Hyperliquid valued at $353.27 million. Lookonchain said on Sept. 8 that Abraxas Capital purchased the additional…

Abraxas Capital's strategy highlights the potential for significant market influence and volatility in Ethereum trading, impacting broader crypto dynamics.

Abraxas Capital purchased 73,872 ETH worth $173.17 million from Binance.

Abraxas Capital has piled into a $783 million short position on Hyperliquid even as bitcoin’s biggest weekly rally since March 2023 forces billions of dollars in bearish bets to unwind elsewhere. Whales Hold Short Positions Through the Surge Abraxas Capital, Fasanara Capital, and Wintermute together are holding onchain short positions of 138,569 ETH and 3,425 […]
Abraxas Capital, Fasanara Capital, and Wintermute still hold over $600 million in short positions in Bitcoin (BTC) and Ethereum (ETH). Blockchain tracker Lookonchain identified the positions as market maker hedging accounts. Their liquidation prices sit far above current market levels. Liquidation Prices Sit Far Above Spot The crypto market rally, fueled by policy moves, triggered

Abraxas Capital's strategy highlights the potential for significant market influence and volatility through large-scale hedging and arbitrage tactics.

Abraxas Capital's strategic crypto moves highlight a potential shift in institutional sentiment, impacting Bitcoin's market dynamics and Ethereum's liquidity.

Two notable institutions have pulled significant Ethereum off exchanges within the same hour. A wallet tied to K3 Capital withdrew 10,000 Ethereum worth $17.85M from Binance, while Abraxas Capital followed with 6,948 ETH valued at $12.42M pulled from both Binance and Bitfinex. That is nearly $30M in Ethereum moved off
Crypto whales are accumulating gold again just as spot prices slide. Asset manager Abraxas Capital pulled millions in Tether Gold (XAUT) off exchanges this week, and on-chain data suggests it is not acting alone. The whale activity comes as gold posts mixed results in July. Prices climbed early in the month, then slipped as US-Iran