CoinScoopData: Abraxas Capital Purchases 13,000 ETH for Hedging
According to Lookonchain, Abraxas Capital bought 13,000 ETH spot, valued at $32.39 million, to hedge its 141,180 ETH short position on Hyperliquid, which is valued at $353 million.
Summaries are written by AI from the original article. Not investment advice.