labeled as Abraxas Capital the main address’s BTC short-position unrealized loss expanded to approximately 26240000 USD
BIBIBI
AT A GLANCE
It was reported that the Abraxas Capital address labeled as the main address BTC short position's unrealized loss has increased.
Article
🐳【Abraxas Capital Main address】BTC Short-position unrealized loss expanding!
▫️ P&L: -24,236,129.06 USD (-51.35%) → -26,240,797.10 USD (-55.13%)
▫️ Average entry price: 75,949.40 USD▫️ Current coin price: 85,361.00 USD▫️ Liquidation price: 137,698.22 USD▫️ Position size: 237,997,869.67 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened starting May; previously, it was the whale with the largest contract capital size.Hyperliquid with the largest contract capital size.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
The report said that this BTC short-position P&L changed from a loss of 24,236,129.06 USD（-51.35%）to a loss of 26,240,797.10 USD（-55.13%）。
02
with an average entry price of 75,949.40 USD, a current coin price of 85,361.00 USD, and a liquidation price of 137,698.22 USD。
03
with a position size of 237,997,869.67 USD。
04
The message stated that the address was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The report said that the Abraxas Capital large short position was opened starting May, and November since then, the address has continued taking profits; its position size previously reached 920000000 USD。
06
The address was previously reported to be Hyperliquid the whale with the largest contract capital size.
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. It was reported that the position is still currently losing money, and that the loss has increased; if the price continues to rise, the short position may face greater pressure.
Why it matters to readers
a short position of a nominally large size BTC Position changes may attract attention, but the address attribution and data authenticity have not yet been confirmed.
Beginners can use this to understand: short sellers incur losses when prices rise, and the liquidation price is the price at which a position may be forcibly closed.
Risks and unknowns
The above information comes from a Telegram channel and was not independently verified in the original text.
The original text alone cannot confirm that the address indeed belongs to Abraxas Capital。
The original text alone cannot confirm the accuracy or real-time status of the position, profit or loss, current coin price, or liquidation price.
The original text does not specify May and November the corresponding year.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
