Abraxas Capital achieved a total profit of over $13 million by short selling BTC, ETH, and SOL for spot hedging
2025-05-30 07:31
According to Lookonchain monitoring, Abraxas Capital's two wallets on Hyperliquid have achieved a total profit of over $13 million by short selling BTC, ETH, and SOL for spot hedging, with a leverage ratio of 10 times.
JPMorgan CEO Jamie Dimon says the US Government "shouldn't be stockpiling Bitcoin."
"We should stockpiling guns, bullets, tanks, planes, drones, rare earths."
BlockBeats news, on May 31st, according to HODL15Capital data, as of today, the US Bitcoin spot ETF holds a total of 1205626 BTC, with BlackRock IBIT ranking first with 660814 holdings, followed by Fidelity FBTC and Grayscale GBTC with 198159 and 186622 holdings respectively.
According to Cointelegraph, the wave of violent attacks against cryptocurrency holders is prompting insurance companies to develop new protective measures. Recent events include a three week detention and torture of an Italian tourist in New York, as well as an attempted kidnapping of a French crypto executive's family, highlighting the real security threats facing the crypto industry. It is reported that at least three companies specializing in cryptocurrency insurance and security are preparing tailor-made kidnapping and ransom (K&R) insurance policies for digital asset investors.
The trading volume of Binance TRUMP/USDT surged 18 times within 10 minutes, with a turnover of 102 million US dollars in the past 24 hours, a decrease of 2.40%.
A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.
