Source: Crypto.news ↗
Abraxas Capital buys $32M ETH to hedge $353M Hyperliquid short
Translation unavailable. Please try again.
What the source reports
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…
Read the original report on Crypto.news ↗Live market context
ETH Ethereum
$2,021.10
-1.68% · 24h
23 supported listings
HYPE Hyperliquid
$70.84
-1.99% · 24h
23 supported listings
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →Ethereum researchers drop faster blocks to race toward quantum defenses in 2027
Ethlabs wants quantum-resistant accounts targeted for next year, even if wallet holders still have to switch signing methods themselves.
Ethlabs drops Hegotá slot proposal in push for 2027 quantum readiness
Ethlabs’ roadmap aims to help Ethereum withstand quantum attacks and give users a way to protect their accounts by 2027.
Ethereum price nears $2,000 as whale sells ETH at $3.1M loss
Ethereum price nears $2,000 after a whale reportedly sells ETH at a $3.1M loss, while ETF outflows continue despite increased staking activity.