Abraxas Capital Spot Hedging Account Increases 10x Short Positions on ETH and BTC
According to Jinse Finance, on-chain data shows that Abraxas Capital has increased its spot hedging by adding 10x short positions in ETH and BTC. Currently, it holds Bitcoin short positions worth $345 million and Ethereum short positions worth $291 million. This address has accumulated a total loss of $82.64 million on Hyperliquid.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ECB Governing Council Member: ECB Interest Rate Cycle Nears Its End
Data: The current Crypto Fear & Greed Index is 54, indicating a neutral state.
pump.fun's market share among Solana-based token launch platforms rises to 84.1%
Trending news
MoreCrypto prices
More
