Abraxas Capital Main address ETH Short position unrealized loss widening
BIBIBI
AT A GLANCE
The page states that Abraxas Capital the main address's ETH short position's unrealized loss widened from 17215100 USD to 19240800 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position unrealized loss widening!
▫️ P&L: -17,215,073.23 USD (-31.08%) → -19,240,791.12 USD (-34.49%)
▫️ Average price: 2,322.63 USD▫️ Current coin price: 2,494.73 USD▫️ Liquidation price: 3,871.94 USD▫️ Position size: 278,914,722.74 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position began being established from May, previously the whale with the largest futures position on Hyperliquid.November From 920000000 USD。 🔥
Key points
01
The page labels the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as “Abraxas Capital main address”.
02
ETH The short position's P&L changed from -17,215,073.23 USD（-31.08%）to -19,240,791.12 USD（-34.49%）。
03
The average price is 2,322.63 USD, and the current coin price is 2,494.73 USD。
04
The liquidation price is 3,871.94 USD, and the position size is 278,914,722.74 USD。
05
The original text states that the large short position began being established from May,November and that from then on the address continued taking profits, with the position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a ETH short-position data update. The page shows that the current coin price is higher than the short position's average price, while both the listed negative P&L amount and loss percentage have increased compared with previously.
Why it matters to readers
The position size is 278,914,722.74 USD, and the page-listed unrealized loss has widened, so subsequent P&L, position size, and whether it is nearing the liquidation price warrant attention.
Beginners should focus on distinguishing the average price, current coin price, unrealized P&L, position size, and liquidation price; these figures describe the position status of the address labeled by the page and do not mean that the outcome has already been realized.
Risks and unknowns
The information comes from a Telegram channel; the original text did not provide independently verifiable on-chain transaction details.
The original text alone cannot confirm that this address is controlled by Abraxas Capital.
The original text did not specify the respective times corresponding to the two sets of P&L data.
“May began being established from ”“November continued taking profits from ”“previously reaching 920000000 USD” are statements from the original text and were not accompanied by verification materials.
The original text alone cannot confirm whether the current position was subsequently reduced, closed, or otherwise changed.
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Related concepts
Short Position
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