Barron's Style News Summary:
Abraxas Capital has initiated short positions on Hyperliquid, valued at approximately $783 million, according to recent disclosures. The firm is also hedging its exposure via spot market activity, having withdrawn 73,872 ETH (equivalent to $173.17 million) from Binance over the past four days.
Arthur Hayes redeemed 1.9 million ETHFI tokens, totaling roughly $1.17 million at a price of $0.62. This follows a prior sale four months ago where Hayes offloaded 265,461 ETHFI at a loss, realizing proceeds of approximately $118,000 at $0.44 per token.
The team behind Donald Trump sold 3.39 million USDC in exchange for TRUMP tokens.
Abraxas Capital has initiated short positions on Hyperliquid, valued at approximately $783 million, according to recent disclosures. The firm is also hedging its exposure via spot market activity, having withdrawn 73,872 ETH (equivalent to $173.17 million) from Binance over the past four days.
Arthur Hayes redeemed 1.9 million ETHFI tokens, totaling roughly $1.17 million at a price of $0.62. This follows a prior sale four months ago where Hayes offloaded 265,461 ETHFI at a loss, realizing proceeds of approximately $118,000 at $0.44 per token.
The team behind Donald Trump sold 3.39 million USDC in exchange for TRUMP tokens.