Abraxas Capital Marked main address increased holdings SILVER Short position 42000 units
BIBIBI
AT A GLANCE
The post says that a wallet labeled as Abraxas Capital's main address increased its SILVER short position by 42,000 units.
Article
🐘 【Abraxas Capital Main Address] SILVER short position rolled over!
💵 Asset: SILVER short position increased by 42,000.00 units, equivalent to approximately 2,509,531.88 USD✦ Position size:16,461,048.04 USD✦ Average entry price:64.79 USD → 64.67 USD✦ Current P&L:+118,853.42 USD (+3.61%)
✦ Current price:64.20 USD✦ Liquidation price:592.27 USD📌 Address:0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital began building this large short position in May; previously, it was the whale with the largest contract capital on Hyperliquid.November, this address has continued taking profits; its position size previously reached 920000000 USD. 🔥
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Key points
01
The post says the SILVER short position increased by 42,000.00 units, equivalent to approximately 2,509,531.88 USD。
02
The position size listed in the post is 16,461,048.04 USD。
03
The post says the average entry price changed from 64.79 USD to 64.67 USD。
04
The post lists current P&L of+118,853.42 USD（+3.61%), a current price of 64.20 USD, and a liquidation price of 592.27 USD。
05
The address provided in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
06
The post notes that this large short position began to be built in May, and that the address has continuously taken 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.
A short position generally means that a trader expects the price to fall. “Increase position” means further expanding the position; “average entry price” is the average price at which the position was opened; and “liquidation price” is the price at which the position may be forcibly closed. All data above are statements from the post.
Why it matters to readers
The expansion of this address's position may offer a clue for monitoring SILVER trading activity, but it reflects only the single address described in the post and cannot confirm the overall market direction.
Beginners should distinguish between a label in a post and verified facts, and should not make trading decisions solely based on changes in a single address's short position.
Risks and unknowns
It has not been independently verified whether this address belongs to Abraxas Capital.
The listed position, P&L, price, and liquidation-price data have not been independently verified.
“May began building the position” and “November continuously took profits” do not specify the year.
The post does not provide verification materials supporting the claim that it was previously the whale with the largest contract capital on Hyperliquid.
A single post cannot confirm whether the position was subsequently reduced, closed, or liquidated.
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Related concepts
Short position
This term is not in the glossary yet. Browse related concepts in the glossary.
