Abraxas Capital Adds 16,554 Ether, Maintains 120,178-ETH Short Position
JOON HYOUNG LEE
Summary
- Abraxas Capital bought an additional 16,554 Ether (ETH).
- The latest purchase was worth $39.8 million at current prices.
- It is also maintaining a short position of 120,178 Ether, worth about $291.4 million.
Forecast Trend Report by Period
Global asset manager Abraxas Capital has bought more Ether.
Lookonchain said on Sept. 3 that Abraxas Capital added 16,554 Ether over the past 12 hours. The purchase was worth $39.8 million at current prices.
The firm is also maintaining a large short position. Lookonchain said Abraxas Capital holds a short position of 120,178 Ether through Hyperliquid, valued at $291.4 million at current prices.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul