labeled as Abraxas Capital the main address's ETH short-position unrealized loss narrowed to approximately 36550000 USD
BIBIBI
AT A GLANCE
The post stated that the wallet labeled as Abraxas Capital the main address's ETH short-position unrealized loss narrowed to 36550000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position unrealized loss narrowing!
▫️ P&L: -39,112,180.25 USD (-69.85%) → -36,550,937.94 USD (-65.88%)
▫️ Average price: 2,304.06 USD▫️ Current coin price: 2,653.69 USD▫️ Liquidation price: 4,263.02 USD▫️ Position size: 277,419,131.48 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened in May, and the wallet was previously the whale with the largest contract position on Hyperliquid.November Since 920000000 USD。 🔥
Key points
01
The post labeled the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as “Abraxas Capital main address.”
02
The post shows that this ETH short-position P&L changed from -39,112,180.25 USD（-69.85%）to -36,550,937.94 USD（-65.88%）。
03
The average price listed in the post was 2,304.06 USD, the current coin price was 2,653.69 USD, and the liquidation price was 4,263.02 USD。
04
The position size listed in the post was 277,419,131.48 USD。
05
The post stated that the large short position was opened in May and that the wallet had been taking profits continuously 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 the coin price falls and incur losses when it rises. Here, “floating loss narrowing” means that the book loss decreased from approximately 39110000 USD to approximately 36550000 USD, but the positions listed in the post remained at a loss. The liquidation price is a reference price at which the position may be forcibly liquidated.
Why it matters to readers
This short position has a relatively large position size. Its P&L, take-profit status, and the distance between its price and liquidation price are all important data points for monitoring changes in this address's risk.
Beginners can view it as a position snapshot of a single large address, but should not make a judgment based solely on this post ETH about subsequent price movements.
Risks and unknowns
The original text provides no on-chain or exchange position records that can be independently verified.
The original text alone cannot confirm that this address indeed belongs to Abraxas Capital。
The specific collection time corresponding to the “current coin price” and position data is not stated in the body.
The original text does not specify.May and November the corresponding year.
The original text does not confirm whether profit-taking continued, positions were closed, or the liquidation price was reached.
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Related concepts
Short Position
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