Data: Abraxas Capital establishes a $783 million short position and buys spot hedges
According to Lookonchain monitoring, Abraxas Capital (0xB83…E36, 0x5b5…060) has established a short position worth approximately $783 million on Hyperliquid, while hedging through significant spot purchases.
In the past 4 days, 73,872 ETH were withdrawn from Binance, worth $173 million.
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