The Abraxas Capital main address's ETH short position's unrealized loss narrowed to approximately 13110000 USD
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The monitoring post stated that the Abraxas Capital main address's ETH short position's unrealized loss narrowed to approximately 13110000 USD。
Article
🐳【Abraxas Capital Main Address]ETH Short position's unrealized loss narrows!
▫️ P&L: -15,160,066.87 USD (-28.91%) → -13,107,502.95 USD (-25.19%)
▫️ Average entry price: 2,322.65 USD▫️ Current token price: 2,445.90 USD▫️ Liquidation price: 4,007.67 USD▫️ Position size: 260,122,595.01 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May, and this address was previously a whale with the largest contract position size on Hyperliquid.November. Since then, this address has continuously taken profits; its position size previously reached 920000000 USD。 🔥
Key points
01
The post stated that this ETH short position's P&L changed from -15,160,066.87 USD（-28.91%） to -13,107,502.95 USD（-25.19%）。
02
The post listed the average entry price as 2,322.65 USD, the current token price as 2,445.90 USD, and the liquidation price as 4,007.67 USD。
03
The position size listed in the post was 260,122,595.01 USD。
04
The address provided in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The post stated that this large short position began to be established on May, and that this address had 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.
Short positions generally profit when prices fall and incur losses when prices rise. “Unrealized loss narrows” means the mark-to-market loss has decreased but has not yet turned into a profit. The liquidation price is the reference price listed in the post at which the position may be forcibly closed.
Why it matters to readers
The post describes a relatively large ETH short position. Changes in its P&L, position size, and liquidation price can be used to observe the position risk of this address; however, data from a single address cannot prove that it will affect the price of ETH.
Beginners can view this as a position snapshot of a large account, rather than a ETH price-direction signal, and should not follow the post to open a position based on it alone.
Risks and unknowns
Whether the address truly belongs to Abraxas Capital is not independently substantiated in the original text.
The position, P&L, average entry price, current token price, and liquidation price have not been independently verified.
The original text does not specify the years corresponding to May and November.
The original text does not specify the data collection time or calculation method.
It is unknown whether this position was subsequently taken for profit, increased, reduced, or closed.
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Related concepts
Short Position
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