🔥 Note: Abraxas Capital began building its large short position in May and was previously the whale with the largest contract capital on Hyperliquid. Since November, the address has continued taking profits; its position size previously reached 920 million USD. 🔥
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Key points
01
The post states that the DOGE short position was increased by 8,946,551.00 units, equivalent to approximately 1,013,101.75 USD.
02
The position size was 5,382,002.21 USD.
03
The average price was shown as 0.09 USD to 0.09 USD.
04
The current P&L was -492,022.64 USD (-91.42%).
05
The current token price is 0.10 USD, and the liquidation price is 2.49 USD.
06
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
07
The post states that this large short position was opened starting in May, that the address has continued taking profits since November, and that the position size previously reached 920 million USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a DOGE short-position update. The post states that the address continued to increase its short position, but the position is currently showing a loss; the average entry price before and after is shown as US$0.09.
Why it matters to readers
The added short position size, position size, current loss, and liquidation price collectively reflect the current status of the position described in the post, making them useful for observing whether the address continues to adjust its holdings.
Beginners should distinguish between “increasing a short position” and “current profitability”: although the position in this post increased, its current P&L remains negative.
Risks and unknowns
The text provides no evidence that this address belongs to Abraxas Capital.
All position, P&L, token price, and liquidation price data are unilateral statements in the post and cannot be verified on this basis.
“May” and “November” do not specify a year.
The average entry price is US$0.09 both before and after the change, so it is not possible to determine the actual change or whether rounding was applied.
The text does not specify the data cutoff time or calculation methodology for each metric.
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Related concepts
Short position
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