3 sourcesTracking since 8 Sept, 05:58
Abraxas Capital buys $32M ETH to hedge $353M Hyperliquid short
Chronological coverage
First seen8 Sept, 05:58Abraxas Capital buys $32M ETH to hedge $353M Hyperliquid short
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…
Crypto.news•Rony Roy
Follow-up8 Sept, 17:02Abraxas Buys $32M Ether to Hedge a $353M Short It Won’t Close
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 […]
Bitcoin.com News•Shiraz Jagati
Latest9 Sept, 04:00Abraxas Capital hedges $353M ETH short with $32M buy – Here’s why
Abraxas Capital bought13,000 ETH worth $32.39 million to hedge its $353.27 million shorts.
AMBCrypto•Gladys Makena