Abraxas Capital The main address increased its 19.83 tokens BTC short position, with an unrealized loss of approximately 18090000 USD
BIBIBI
AT A GLANCE
The report states that Abraxas Capital the main address increased its 19.83 tokens BTC short position, with a current unrealized loss of approximately 18090000 USD。
Article
🐳 【Abraxas Capital Main address】BTC Short position averaged up!
💰BTC Increased short position by 19.83 tokens, equivalent to approximately 2,291,885.23 USD▫️ Position size: 235,018,735.10 USD▫️ Average entry price: 76,098.40 USD → 76,142.60 USD▫️ Current P&L: -18,091,908.46 USD (-38.49%)
▫️ Current token price: 82,492.97 USD▫️ Liquidation price: 136,894.65 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and the address was previously the whale with the largest contract position size on Hyperliquid.November; since then, the address has continuously taken profits, with its position size previously reaching 920000000 USD。 🔥
Key points
01
The original text states that the address increased its 19.83 tokens BTC short position, equivalent to approximately 2,291,885.23 USD。
02
The position size listed in the original text is 235,018,735.10 USD。
03
The original text states that the average entry price changed from 76,098.40 USD to 76,142.60 USD。
04
The post listed current profit/loss as -18,091,908.46 USD (-38.49%).
05
The current token price listed in the original text is 82,492.97 USD, and the liquidation price is 136,894.65 USD。
06
The address given in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
07
The original text states that this short position was opened on May, and that the address has continuously taken profits since November, with the position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This report describes an account labeled as the Abraxas Capital main address continuing to increase its BTC short position. Here, “averaging up” means that after increasing the short position, its average entry price rose from 76,098.40 USD to 76,142.60 USD. Based on the current token price listed in the original text, the position is at an unrealized loss.
Why it matters to readers
The notional position size of this short position is substantial; its continued position increases, reductions, or approach toward the liquidation price may draw market participants' attention. However, the position of a single address alone cannot prove the BTC subsequent direction of price movement.
Beginners may view this as a position snapshot of a large account, rather than trading advice. Focus on the short position's average entry price, current token price, unrealized P&L, and liquidation price, and note that these figures have not been independently verified.
Risks and unknowns
The original text provides no independently verifiable on-chain transaction records or platform position evidence.
Whether this address is actually controlled by Abraxas Capital cannot be confirmed from the original text alone.
Position size, P&L, token price, and liquidation price may change with market conditions; the original text does not specify the exact time of the data snapshot.
The original text's claims regarding the May opening of the position, continuous profit-taking since November, and the previous 920000000 USD position size are not accompanied by supporting verification materials.
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Short Position
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