Monitoring reports that Abraxas Capital address's BTC short-position unrealized loss narrowed to approximately 20920000 USD
BIBIBI
AT A GLANCE
The post stated that the Abraxas Capital main address's BTC short-position unrealized loss narrowed to 20,924,391.17 USD。
Article
🐳【Abraxas Capital main address】BTC short position unrealized loss narrowing!
▫️ P&L: -23,624,750.71 USD (-49.76%) → -20,924,391.17 USD (-44.58%)
▫️ Average price: 75,911.90 USD▫️ Current coin price: 83,342.94 USD▫️ Liquidation price: 144,870.34 USD▫️ Position size: 234,677,857.81 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May, and this address was previously the whale with the largest contract position on Hyperliquid.November Since 920000000 USD, this address has continued to take profits; its position size previously reached the following. 🔥
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Key points
01
The post labels the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as “Abraxas Capital main address.”
02
The post stated that this address's BTC short-position P&L changed from -23,624,750.71 USD（-49.76%）to -20,924,391.17 USD（-44.58%）。
03
The average price listed in the post was 75,911.90 USD, the current coin price was 83,342.94 USD, and the liquidation price was 144,870.34 USD。
04
The position size listed in the post was 234,677,857.81 USD。
05
The post stated that this large short position was opened starting May and that this address had continued to take profits since November.
06
The post stated that this address's position size had previously reached 920000000 USD, and that it had been the whale with the largest contract position on Hyperliquid.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is an account-position monitoring post. According to the data in the post, this address holds a BTC short position, which is still showing an unrealized loss, but both the loss amount and loss percentage have declined from before, so it is described as “narrowing unrealized losses.” The average entry price, current token price, liquidation price, and position size are all data provided by the post and have not yet been verified against other records.
Why it matters to readers
The post describes a relatively large BTC short position. Whether this address will continue taking profits, reduce its position, or close it warrants attention; however, information from a single account cannot be used to determine the overall market direction of BTC.
A short position typically profits when prices fall and incurs losses when prices rise; an “unrealized loss” is an accounting loss that has not yet been ultimately realized through closing the position. The “liquidation price” is the important price level listed in the post that could potentially trigger forced liquidation. Beginners should not follow trades based solely on a single monitoring post.
Risks and unknowns
The post alone cannot confirm that this address is controlled by Abraxas Capital.
The post does not provide independently verifiable on-chain or platform position records; therefore, the position direction, size, profit or loss, average entry price, and liquidation price remain unverified.
Related Developments
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“May began building a position”November began taking profits continuously” and “previously reached 920000000 USD” as well as the historical claim that it was “the whale with the largest contract capital size on Hyperliquid” lack further evidence.
The post does not specify the exact time at which the data was collected, and the position may have changed.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
