HyperInsight states that Abraxas Capital main address's ETH short position's unrealized loss narrows
BIBIBI
AT A GLANCE
The report states that the Abraxas Capital's ETH short position's unrealized loss narrowed from approximately 40470000 USD to approximately 38460000 USD。
Article
🐳【Abraxas Capital Main address]ETH Short position's unrealized loss narrows!
▫️ P&L: -40,471,206.78 USD (-71.93%) → -38,464,029.14 USD (-68.85%)
▫️ Average entry price: 2,304.06 USD▫️ Current token price: 2,671.99 USD▫️ Liquidation price: 4,364.59 USD▫️ Position size: 279,332,222.68 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began establishing positions on May, and was previously the whale with the largest contract capital size.Hyperliquid November Starting from, this address continuously took profits, and its position size had previously reached 920000000 USD. 🔥
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Key points
01
Profit/loss changed from -40,471,206.78 USD (-71.93%) to -38,464,029.14 USD (-68.85%).
02
The average entry price is 2,304.06 USD, the current token price is 2,671.99 USD, and the liquidation price is 4,364.59 USD。
03
The position size is 279,332,222.68 USD。
04
The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The original text states that this large short position began establishing positions on May, and that from November onward, the address continuously took profits; its position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This indicates that the address holds a ETH short position, and the currently recorded loss amount has decreased. The liquidation price of the short position is 4,364.59 USD, and the position size is approximately 279000000 USD。
Why it matters to readers
This is a relatively large ETH position as described in the original text. It may serve as a clue for observing changes in this address's position and ETH price, but it cannot be used to determine ETH subsequent price movements.
A short position is a position that bets on a price decline; an unrealized loss indicates that it is currently still at a loss, and the liquidation price is the price at which the position may be forcibly closed.
Risks and unknowns
The information comes from the page shown in the original text; no independently verified supporting materials are provided in the evidence for the position, P&L, or historical position-establishment information.
The original text does not clearly specify the years corresponding to “May” and “November”.
Based solely on this address's position information, it is not possible to confirm ETH subsequent price direction.
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Related concepts
Short Position
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