Abraxas Capital Main address ETH short position unrealized loss narrowed to approximately 26720000 USD
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AT A GLANCE
Evidence states that the Abraxas Capital main address's ETH short position unrealized loss narrowed to approximately 26720000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position unrealized loss narrows!
▫️ P&L: -28,924,359.64 USD (-52.03%) → -26,718,953.84 USD (-48.41%)
▫️ Average entry price: 2,315.55 USD▫️ Current token price: 2,563.79 USD▫️ Liquidation price: 4,163.62 USD▫️ Position size: 275,948,583.20 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened starting May, and the address was previously the whale with the largest futures position on Hyperliquid.November Since 920000000 USD。 🔥
Key points
01
Profit/loss changed from -28,924,359.64 USD (-52.03%) to -26,718,953.84 USD (-48.41%).
02
Average entry price: 2,315.55 USD, current token price: 2,563.79 USD。
03
Liquidation price: 4,163.62 USD, position size: 275,948,583.20 USD。
04
The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
Evidence states that the address established a May short position starting ETH, and has continued taking profits since November, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information describes changes in the unrealized loss on a ETH short position held by an address. A decrease in the loss amount and loss percentage indicates that the unrealized loss referred to in the text has narrowed; however, this does not mean that the position has been closed or that a profit has been realized.
Why it matters to readers
The position is large, and subsequent changes in the relevant address's holdings may be worth monitoring; this information alone cannot confirm its actual impact on the ETH price.
A short position typically profits when prices decline; an unrealized loss is an unrealized loss calculated at the current price, while the liquidation price is the price at which the position may face liquidation.
Risks and unknowns
The evidence does not provide independently verifiable proof of the position or on-chain proof.
It cannot be confirmed whether the address has already closed the position, continued taking profits, or changed its position.
This information alone cannot confirm that the position will have an actual impact on the ETH price.
The identity of the “main address” and related entities mentioned in the text has not been independently verified.
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Related concepts
Short Position
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