labeled as Abraxas Capital the main address's ETH short position unrealized loss expanded to approximately 38770000 USD
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AT A GLANCE
Text states,Abraxas Capital of the main address ETH the unrealized loss on the short position expanded to approximately 38770000 USD。
Article
🐳【Abraxas Capital Main address]ETH Short position unrealized loss widening!
▫️ P&L: -36,550,937.94 USD (-65.88%) → -38,767,196.59 USD (-69.32%)
▫️ Average entry price: 2,304.06 USD▫️ Current coin price: 2,674.89 USD▫️ Liquidation price: 4,171.64 USD▫️ Position size: 279,635,390.14 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened on May; previously, it was Hyperliquid the whale with the largest contract capital size.November Since then, this address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
Profit/loss changed from -36,550,937.94 USD (-65.88%) to -38,767,196.59 USD (-69.32%).
02
an average entry price of 2,304.06 USD, a current coin price of 2,674.89 USD。
03
a liquidation price of 4,171.64 USD, and a position size of 279,635,390.14 USD。
04
The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The text stated that the large short position began being established at May, and November it began taking profits continuously, 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 that the price will decline; unrealized loss is an estimated loss based on the current price that has not yet been realized. The liquidation price is the price level at which the position may face forced liquidation.
Why it matters to readers
These data show that the address's tagged ETH short position has substantial losses and a large position size; the liquidation price can serve as a subsequent observation indicator. A single address's position cannot represent ETH overall trend.
Beginners can first review the average entry price, current price, unrealized loss, and liquidation price to understand the position's direction and potential risk.
Risks and unknowns
The materials did not independently verify whether this address indeed belongs to Abraxas Capital。
The information does not specify May and November the corresponding year.
The positions and profit/loss for this address alone cannot confirm ETH the overall trend or future price direction.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
