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Abraxas Builds $783M Hyperliquid Short, Hedges ETH as BTC Hits $77.5K
Abraxas Capital, Fasanara Capital and Wintermute hold onchain shorts worth $603M as bitcoin posts its best week since March 2023.
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cryptobriefing.com
Abraxas Capital builds $783M short positions on Hyperliquid, hedges with $173M in ETH withdrawals
Abraxas Capital holds $598M in short perpetual positions on Hyperliquid while withdrawing $173M in ETH from Binance as part of a funding-rate
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Trading firms maintain short positions on Bitcoin, Ethereum amid price rally
Abraxas Capital, Fasanara Capital, and Wintermute hold $603M in Bitcoin and Ethereum shorts on Hyperliquid despite $4B in market liquidations.
