ChainCatcher report, according to The Data Nerd, Abraxas Capital has continued to increase its short position in gold over the past 20 minutes using a DCA strategy. Its current gold short position is now its largest holding, totaling approximately $18.8 million.
Abraxas Capital Adds $18.8 Million to Gold Short Position
ChaincatcherShare
Summary
Abraxas Capital increased its gold short position to $18.8 million through dollar-cost averaging, making it their largest holding. This move aligns with their capital protection strategy, emphasizing position trading to manage risk. The firm continues to adjust its exposure based on market conditions and long-term objectives.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.