Abraxas Capital Main address ETH short position unrealized loss narrowed to approximately 12730000 USD
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AT A GLANCE
The post stated that Abraxas Capital's ETH short position unrealized loss narrowed to approximately 12730000 USD。
Article
🐳【Abraxas Capital Main address]ETH Short position unrealized loss narrows!
▫️ P&L: -14,852,660.92 USD (-27.88%) → -12,730,156.81 USD (-24.09%)
▫️ Average price: 2,322.64 USD▫️ Current coin price: 2,440.20 USD▫️ Liquidation price: 4,266.84 USD▫️ Position size: 264,251,761.40 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened starting May; previously, it was Hyperliquid the whale with the largest contract capital position size.November Starting from, this address has continued taking profits; its position size previously reached 920000000 USD。 🔥
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Key points
01
The post stated that this ETH short position's P&L changed from a loss of 14,852,660.92 USD（-27.88%) to a loss of 12,730,156.81 USD（-24.09%）。
02
The average price listed in the post was 2,322.64 USD, the current coin price was 2,440.20 USD, and the liquidation price was 4,266.84 USD。
03
The post stated that the position size was 264,251,761.40 USD。
04
The address listed in the post was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The post stated that this address's Abraxas Capital large short position was opened starting May, and it has continued taking profits since November, with its position size previously reaching 920000000 USD。
06
The post stated that this address was previously Hyperliquid the whale with the largest contract capital position size.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position typically profits when prices decline. The post shows that this ETH short position remains at a loss, but the loss amount and loss percentage have narrowed from previously; the post also listed the position size and liquidation price.
Why it matters to readers
This reflects the public monitoring status of a large ETH short position, but the post alone cannot confirm actual execution, position closures, or a direct impact on ETH market supply and demand.
The liquidation price is the price at which a position may face the risk of forced closure. Here, the current coin price is below the liquidation price, but this does not mean that liquidation has already occurred.
Risks and unknowns
The information comes from a Telegram post; the data's authenticity and statistical methodology still require verification.
The original text did not provide independently verifiable trading platform records, margin data, or complete transaction details.
The original text does not explicitly state the years corresponding to May and November.
It cannot be confirmed from the original text alone whether this position has already been partially closed or whether new trading has occurred.
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Related concepts
Short Position
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