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3 sourcesTracking since 8 Sept, 05:58

Abraxas Capital buys $32M ETH to hedge $353M Hyperliquid short

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Chronological coverage

  1. 9 September
  2. Latest9 Sept, 04:00

    Abraxas 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.

    AMBCryptoAMBCrypto•Gladys Makena
  3. 8 September
  4. Follow-up8 Sept, 17:02

    Abraxas 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 NewsBitcoin.com News•Shiraz Jagati
  5. First seen8 Sept, 05:58

    Abraxas 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.newsCrypto.news•Rony Roy