Abraxas Capital buys $32.4M in ETH to hedge Hyperliquid short
September 08, 2026, 1:40 AM
Abraxas Capital bought an additional 13,000 ETH worth $32.39 million in the spot market to hedge its 141,180 ETH short position on Hyperliquid, valued at $353.27 million, according to Lookonchain.
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