Abraxas Capital Builds $135 Million Net Short in Crude Oil Futures
Abraxas Capital has built a $135 million short position in crude oil futures, according to Lookonchain tracking cited by Odaily Planet Daily. The position includes 954,900 xyz:BRENTOIL tokens worth $102.7 million and 322,800 xyz:CL tokens worth $32.7 million. Wallets associated with the activity include 0xB83...6E36 and 0x5b5...8c060.