Abraxas Capital The labeled main address added 30 units to its BTC short position
BIBIBI
AT A GLANCE
The post stated that the “Abraxas Capital main address” added 30 units to its BTC short position, but the address attribution and position data have not been independently verified.
Article
🐳 【Abraxas Capital Main address]BTC Short position averaged down!
💰BTC Added to short position 30.00 units, equivalent to approximately 2,462,413.58 USD▫️ Position size: 216,525,894.07 USD▫️ Average entry price: 76,265.20 USD → 76,327.40 USD▫️ Current P&L: -15,177,638.43 USD (-35.05%)
▫️ Current token price: 82,080.96 USD▫️ Liquidation price: 150,321.84 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began establishing at May, and was previously the whale with the Hyperliquid largest contract capital size.November, this address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The post stated that the BTC short position added 30.00 units, equivalent to approximately 2,462,413.58 USD。
02
The position size listed in the post was 216,525,894.07 USD。
03
The post stated that the average entry price changed from 76,265.20 USD to 76,327.40 USD。
04
The post listed current profit/loss as -15,177,638.43 USD (-35.05%).
05
The current token price listed in the post was 82,080.96 USD, and the liquidation price was 150,321.84 USD。
06
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
07
The post stated that the large short position began establishing at May, and that from November onward, the address continuously took profits; its position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Here, “averaging down” refers to continuing to add to a losing short position. The post shows that after the new short position was added, the average entry price increased, while the position remained at an unrealized loss. All of the above are data and claims presented in the post.
Why it matters to readers
If the data are accurate, this indicates that an address labeled as a large account is still increasing its BTC short position; however, activity by a single address cannot represent the overall market direction.
Beginners may view this as the position activity of a single large account, rather than a BTC certain signal of a decline; they should first assess whether the data and address attribution can be verified.
Risks and unknowns
No evidence was provided to independently verify that the address belongs to Abraxas Capital.
No trading-platform or on-chain records were provided to independently verify the listed position, P&L, token price, and liquidation price.
“Previously the whale with the Hyperliquid largest contract capital size” is a claim in the post and lacks a basis for comparison.
The post does not clearly specify the years corresponding to May and November.
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Related concepts
Short Position
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