Abraxas Capital Shorts the Market, Establishes Approximately a $783 million Short Position on Hyperliquid

BlockBeats News, August 24th, according to LookIntoChain monitoring, Abraxas Capital has recently heavily shorted on Hyperliquid, with a short position of approximately $783 million; at the same time, the institution has hedged through spot purchases, withdrawing 73,872 ETH from Binance in the past 4 days, worth around $173 million.