Abraxas Capital The main address reportedly reduced its 206.32 units of ETH short position
BIBIBI
AT A GLANCE
The post stated that the wallet labeled Abraxas Capital main address reduced its 206.32 units of ETH short position and is still currently at an unrealized loss.
Article
🐳 【Abraxas Capital Main address]ETH Short position cut loss!
💰ETH Short position reduced by 206.32 units, equivalent to approximately 2,010,779.13 USD▫️ Position size: 256,536,993.83 USD▫️ Average price: 2,322.64 USD▫️ Current profit/loss: -9,523,667.70 USD (-18.56%)
▫️ Current token price: 2,412.19 USD▫️ Liquidation price: 4,143.05 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began establishing positions on May, and was previously the whale with the largest contract position size on Hyperliquid.November; since then, this address has continuously taken profits, with its position size previously reaching 920000000 USD。 🔥
Key points
01
The post stated that the ETH short position was reduced by 206.32 units, equivalent to approximately 2,010,779.13 USD。
02
The position size listed in the post was 256,536,993.83 USD, with an average price of 2,322.64 USD。
03
The post listed current profit/loss as -9,523,667.70 USD (-18.56%).
04
The current token price listed in the post was 2,412.19 USD, and the liquidation price was 4,143.05 USD。
05
The address provided in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
06
The post stated that this large short position began establishing positions on May, and that since November this address has continuously taken profits, 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” is a position that bets on a decline in the price of ETH; “reduction” means that the address described in the post reduced part of its short position. A negative profit/loss indicates that, based on the post's data, the position was at a loss at that time. The “liquidation price” is the reference price for the risk of forced closure listed in the post.
Why it matters to readers
This set of data shows the size, unrealized loss, and reduction changes of the Abraxas Capital short position held by a wallet labeled ETH main address, and may be used to continue monitoring this address's position adjustments.
Beginners should treat this as an on-chain position clue from a single post, rather than verified trading advice; focus on distinguishing the reduction amount, total position, current profit/loss, and liquidation price.
Risks and unknowns
Whether the address is indeed Abraxas Capital was not supported by verification evidence in the original text.
The reduction, position size, profit/loss, token price, and liquidation price have not been independently verified.
The original text did not specify the exact time at which these data were collected.
The original text did not explain how “continuously taking profits” corresponds to the listed current unrealized loss.
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
