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Abraxas Buys $32M Ether to Hedge a $353M Short It Won’t Close

Abraxas Buys $32M Ether to Hedge a $353M Short It Won’t CloseWorldPing

Abraxas Capital has added 13,000 ETH worth about $32.39 million in the spot market, offsetting a 141,180 ETH short on Hyperliquid valued near $353.27 million.

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