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Abraxas Capital buys $32M ETH to hedge $353M Hyperliquid short

Crypto.News Published 08.09.2026 05:58

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…

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