RWA Abraxas Capital, which holds a $291.4 million short position on Ethereum, has bought 16,500 ETH in the spot market over the past 12 hours. This move suggests a hedging or arbitrage strategy, potentially impacting ETH’s price dynamics.
Abraxas Capital, which holds a $291.4 million short position on Ethereum, has bought 16,500 ETH in the spot market over the past 12 hours. This move suggests a hedging or arbitrage strategy, potentially impacting ETH’s price dynamics.