HyperInsight identifies it as the Abraxas Capital main address's SOL short position unrealized loss expanding
BIBIBI
AT A GLANCE
The post said that the Abraxas Capital main address's SOL short position unrealized loss expanded to approximately 22360000 USD。
Article
🐳【Abraxas Capital Main address】SOL Short position unrealized loss expanding!
▫️ P&L: -20,272,723.19 USD (-224.15%) → -22,363,401.99 USD (-241.68%)
▫️ Average entry price: 94.31 USD▫️ Current coin price: 124.37 USD▫️ Liquidation price: 317.36 USD▫️ Position size: 92,532,997.55 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened from May and was previously Hyperliquid the whale with the largest contract capital position.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD. 🔥
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Key points
01
The post said that the address's SOL short position P&L changed from -20,272,723.19 USD（-224.15%）to -22,363,401.99 USD（-241.68%）。
02
The average entry price listed in the post was 94.31 USD, the current coin price was 124.37 USD, and the liquidation price was 317.36 USD。
03
The position size listed in the post was 92,532,997.55 USD。
04
The address listed in the post was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The post said that the address's large short position was opened from May, and November it had continued taking profits since then; its position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position represents a bet that the price will fall; if the price rises, the short position may incur an unrealized loss. The post shows that the address's SOL short position loss increased further and lists the liquidation price and position size.
Why it matters to readers
This shows that a wallet identified as the Abraxas Capital main address faces a large SOL short position unrealized loss, but data from a single address cannot represent the SOL overall trend.
This can help explain short positions, unrealized losses, average entry prices, and liquidation prices: when the price is above the average entry price of a short position, the short position will generally incur a paper loss; reaching the liquidation price may trigger forced action.
Risks and unknowns
The original text does not independently establish that the address actually belongs to Abraxas Capital。
The original text does not explain how the P&L, position size, and liquidation price data were verified.
The opening, profit-taking, and historical position descriptions mentioned in the original text have not been independently verified.
It cannot be confirmed solely from this post whether the address has currently closed or reduced its position, added margin, or been liquidated.
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Related concepts
Short Position
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