Abraxas Capital The main address reduced 10.48 units of BTC short positions, with an approximate position size of 228000000 USD
BIBIBI
AT A GLANCE
Monitoring reports that Abraxas Capital the main address reduced 10.48 units of BTC short positions, with the remaining position size at approximately 228000000 USD。
Article
🐳 【Abraxas Capital Main address】BTC Short position closed at a loss!
💰BTC Reduced short position by 10.48 units, equivalent to approximately 2,143,052.71 USD▫️ Position size: 227,963,300.63 USD▫️ Average price: 76,152.40 USD → 76,168.30 USD▫️ Current PnL: -18,256,598.68 USD (-40.04%)
▫️ Current coin price: 82,799.35 USD▫️ Liquidation price: 147,113.41 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May, previously representing Hyperliquid the largest contract capital position among whales.November Since, this address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
BTC Reduced the short position by 10.48 units, reportedly equivalent to approximately 2,143,052.71 USD。
02
The position size is 227,963,300.63 USD。
03
The average price changed from 76,152.40 USD to 76,168.30 USD。
04
Current profit/loss was -18,256,598.68 USD (-40.04%).
05
The current coin price listed in the article is 82,799.35 USD, and the liquidation price is 147,113.41 USD。
06
The address listed in the article is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
07
The note states that the large short position was opened starting May, and November since then the address has continued taking profits; its position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions typically benefit when the BTC price declines. Here, “reduction” means that the address decreased its short position; the text also shows that this position is currently in an unrealized loss. The average price, current coin price, and liquidation price are respectively the position’s average price, the market price recorded in the text, and the price that may trigger forced liquidation.
Why it matters to readers
This change shows that the address reduced part of its BTC short exposure, which can be used to observe subsequent position changes; however, the original text describes only a single address, so it cannot be used to confirm BTC the overall market direction.
Beginners can view this as monitoring information about a large account’s position, not as trading advice. Distinguish between a reduction in a short position, the current unrealized loss, and the liquidation price, and wait for verifiable position or transaction records.
Risks and unknowns
The original text does not provide a transaction hash or other independently verifiable on-chain records.
The original text alone cannot confirm that this address is controlled by Abraxas Capital.
“May” and “November” do not specify a particular year.
The original text does not state the actual realized PnL resulting from the reduction, so the “closed at a loss” wording in the headline cannot be calculated precisely on this basis.
Related Developments
Loading event timeline…
It is not possible to determine BTC subsequent price direction or the overall market impact from the behavior of a single address.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
