< Back to situations

[ORGANIZATION]

Abraxas Capital

Featured in 2 tracked stories · first seen

Situations

[ACTIVE] [BUSINESS] [US] [TR] [DE]

ETH consolidation: ETF outflows and technical resistance

206 clusters · 345 sources · last updated

Latest: Ethereum tests key resistance levels amid macroeconomic uncertainty

Ethereum (ETH) continues to trade within a narrow range, primarily fluctuating between $2,450 and $2,550. The asset faces resistance near the $2,500 psychological level, influenced by market uncertainty regarding Federal

[ACTIVE] [BUSINESS] [US]

Institutional cryptocurrency short position hedging

2 clusters · 4 sources · last updated

Latest: Abraxas Capital buys $32M in ETH to hedge $353M short position

In late August 2026, three financial institutions—Abraxas Capital, Fasanara Capital, and Wintermute—established significant short positions in Bitcoin and Ethereum on the Hyperliquid exchange, totaling approximately $603