Rewards Hub Abraxas Capital has established a significant short position in crude oil futures, totaling $135 million. According to Lookonchain monitoring, the firm holds 954,900 xyz:BRENTOIL tokens valued at $102.7 million and 322,800 xyz:CL tokens valued at $32.7 million. This move reflects a strategic bet against the future price of crude oil.
Abraxas Capital Takes $135 Million Short Position in Crude Oil Futures
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