TREE NEWS update: Abraxas Capital has established a $783 million short position while simultaneously purchasing spot to hedge, according to data. The move suggests a bearish outlook on the underlying asset, with the hedge aimed at mitigating risk. Details on the specific asset and strategy remain undisclosed.
Abraxas Capital Opens $783M Short, Buys Spot Hedge
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
45m ago
Crypto-related US stocks dip 0.08%, week up 12.05%
1h ago
Israel Strikes Southern Lebanon in Response to Hezbollah Drone
2h ago
Nasdaq Golden Dragon China Index Rises 0.8% Friday, Down 2.5% Week
2h ago
US Jobs Report Knocks Bitcoin Below $81,000
2h ago
Pineapple Financial to tokenize $10B mortgages on Injective
3h ago
FinCEN: $13B in crypto scams tied to non-US operations