Abraxas Capital buys another 13,000 spot ETH for hedging, worth approximately $32.39 million
According to on-chain analytics platform Lookonchain (@lookonchain), Abraxas Capital has once again purchased 13,000 ETH (worth approximately $32.39 million) in spot to hedge its short position of 141,180 ETH (approximately $353 million) held on Hyperliquid.
