๐๐ณ Whale and institutional transactions:
1. Abraxas Capital has
initiated short positions on Hyperliquid valued at approximately $783 million. Concurrently, they are strategically hedging their positions by making spot purchases, having withdrawn 73,872 #ETH (worth $173.17 million) from Binance in the last four days.
2. Arthur Hayes
redeemed 1.9 million #ETHFI (around $1.17 million) at a price of $0.62. Four months prior, he sold 265,461 #ETHFI (approximately $118K) at a loss for $0.44.
3. The #TRUMP team
sold #TRUMP for 3.39 million #USDC.