Abraxas Capital Adds 16,554 ETH Spot Holdings While Holding 120,178 ETH Short Positions

Abraxas Capital increased its ETH spot holdings by 16,554 tokens in the past 12 hours, according to Lookonchain monitoring. According to Foresight News, the purchases were worth about $39.8 million. The firm also held a combined 120,178 ETH short position across two hedging accounts on Hyperliquid, valued at about $291.4 million.