Abraxas Capital Main address ETH's short position unrealized loss expanded to approximately 26280000 USD
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A ETH short position's reported unrealized loss expanded from approximately 24100000 USD to approximately 26280000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position unrealized loss expands!
▫️ P&L: -24,098,065.38 USD (-42.64%) → -26,277,146.87 USD (-46.15%)
▫️ Average entry price: 2,322.63 USD▫️ Current price: 2,558.80 USD▫️ Liquidation price: 3,743.50 USD▫️ Position size: 284,704,330.58 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began establishing positions on May; it was previously the whale with the largest futures position size of Hyperliquid.November Since, this address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
Evidence states that Abraxas Capital the main address's ETH short position unrealized loss expanded from 24,098,065.38 USD to 26,277,146.87 USD。
02
Evidence states that the loss ratio expanded from 42.64%to 46.15%。
03
The evidence lists the ETH short position's average entry price as 2,322.63 USD, the current price as 2,558.80 USD, and the liquidation price as 3,743.50 USD。
04
The position size listed in the evidence is 284,704,330.58 USD, and the address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
Evidence states that this address previously reached a 920000000 USD position size and has continuously taken profits since November.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a position that bets on a price decline. If the price rises, a short position generally incurs losses; the evidence shows that the current price of this position is higher than its average entry price, so the reported unrealized loss has expanded.
Why it matters to readers
Evidence indicates this is a relatively large ETH short position and that there remains a price gap to the listed liquidation price; however, the position and P&L information have not been independently verified.
This indicates that high leverage or large positions may rapidly expand unrealized losses due to price movements, but a single message cannot represent ETH the overall trend.
Risks and unknowns
The information comes from a single Telegram message and provides no independent on-chain data for cross-verification.
The evidence alone cannot confirm the address's current margin, actual leverage, or whether the position has changed.
This cannot confirm whether the position will be liquidated, nor can it determine its actual impact on the ETH market.
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Related concepts
Short Position
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