Melt butter in a large skillet over medium heat; add cabbage and cook until it begins to soften, 1 to 2 minutes.
Season with salt to taste.
Pour in water, wine, and vinegar; stir to combine.
Mix in sugar and caraway seeds.
Stir, cooking until liquid evaporates and cabbage is tender, about 5 minutes.
If cabbage isn’t tender, add a splash of water and cook few minutes longer.
