Abraxas Capital The main address reportedly increased its BTC short position by 4.80 units
BIBIBI
AT A GLANCE
The post stated that Abraxas Capital the address increased its short position by 4.80 units BTC; the position was approximately 224000000 USD。
Article
🐳 【Abraxas Capital Main address]BTC Short position averaged down!
💰BTC Increased short position by 4.80 units, equivalent to approximately 2,253,878.31 USD▫️ Position size: 223,624,148.70 USD▫️ Average price: 76,168.30 USD → 76,178.40 USD▫️ Current P&L: -13,524,096.35 USD (-30.24%)
▫️ Current token price: 81,081.99 USD▫️ Liquidation price: 156,934.46 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May, previously the whale with the largest contract capital size.Hyperliquid November Since then, the address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
The post stated that Abraxas Capital the main address increased its short position by 4.80 units BTC; equivalent to approximately 2,253,878.31 USD。
02
The post listed the position size as 223,624,148.70 USD。
03
The post listed the average price as changing from 76,168.30 USD to 76,178.40 USD。
04
The post listed the current P&L as -13,524,096.35 USD（-30.24%）。
05
The post listed the current token price as 81,081.99 USD, with the liquidation price at 156,934.46 USD。
06
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
07
The post stated that this address was previously the whale with the Hyperliquid largest contract capital size, 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 indicates a bet on a price decline. The post stated that the address continued to increase its BTC short position, but the current listing shows a negative P&L.
Why it matters to readers
If the post data are accurate, this indicates that the address is still increasing its BTC short position; however, the position of a single address cannot represent the direction of the overall market.
Beginners should distinguish information about a single address's position from market trends and pay attention to the liquidation price, P&L, and data sources.
Risks and unknowns
The post data have not been independently verified in the provided materials.
The provided materials alone cannot confirm the address's actual current position and transaction records in Hyperliquid.
It cannot be confirmed whether this position has been hedged, closed, or reversed.
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Related concepts
Short Position
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