Abraxas Capital Main address reduced its 8.28-unit BTC short position, with an unrealized loss of approximately 19650000 USD
BIBIBI
AT A GLANCE
Abraxas Capital The main address reportedly reduced its 8.28-unit BTC short position, but the information has not been independently verified.
Article
🐳 【Abraxas Capital Main address】BTC Short position cut at a loss!
💰BTC Reduced short position by 8.28 units, equivalent to approximately 2,022,984.49 USD▫️ Position size: 230,106,353.33 USD▫️ Average entry price: 76,152.40 USD▫️ Current profit/loss: -19,645,670.74 USD (-42.69%)
▫️ Current token price: 83,260.93 USD▫️ Liquidation price: 145,725.41 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened in May; previously, it was Hyperliquid the whale with the largest contract capital position.November Since then, this address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
According to the report,BTC the short position was reduced by 8.28 units, equivalent to approximately 2,022,984.49 USD。
02
The reported position size is 230,106,353.33 USD, with an average entry price of 76,152.40 USD。
03
The report states that the current profit/loss is -19,645,670.74 USD（-42.69%）。
04
The report states that the current token price is 83,260.93 USD, with a liquidation price of 145,725.41 USD。
05
The address provided in the report is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
06
The original text states that Abraxas Capital the large short position was opened in May, and that November since then, this 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.
A short position is a position that bets on a price decline. Reducing a short position means decreasing this type of position, but this message alone cannot indicate the overall market direction.
Why it matters to readers
This message concerns a position change involving an address described as Hyperliquid a large contract-capital address, which may help track changes in its risk exposure.
Beginners should focus on distinguishing position size, unrealized profit/loss, and liquidation price; these figures do not equal realized final gains.
Risks and unknowns
The information comes from a Telegram channel; the original text provides no independently verifiable on-chain evidence.
It is impossible to confirm from the original text alone whether the reduction was a genuine executed trade.
This does not establish that the address's actions will change BTC the price or Hyperliquid the overall position.
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Related concepts
Short Position
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