🔍🐳 Whale and Institutional Transactions:
1. Abraxas Capital has
opened short positions on Hyperliquid, valued at around $783 million. Simultaneously, they are strategically hedging their bets by making spot purchases and have withdrawn 73,872 #ETH, equivalent to $173.17 million, from Binance in the past four days.
2. Arthur Hayes
redeemed 1.9 million #ETHFI for approximately $1.17 million at a price of $0.62. Four months earlier, he sold 265,461 #ETHFI (about $118K) at a loss, priced at $0.44.
3. The #TRUMP team
liquidated #TRUMP for 3.39 million #USDC.