Crypto Briefing August 24, 2026

Abraxas Capital builds $783M short positions on Hyperliquid, hedges with $173M in ETH withdrawals

Abraxas Capital builds $783M short positions on Hyperliquid, hedges with $173M in ETH withdrawals

Abraxas Capital's strategy highlights the potential for significant market influence and volatility through large-scale hedging and arbitrage tactics.

The post Abraxas Capital builds $783M short positions on Hyperliquid, hedges with $173M in ETH withdrawals appeared first on Crypto Briefing.

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