HyperInsight stated that the Abraxas Capital main-address BTC short position's unrealized losses widened
BIBIBI
AT A GLANCE
A monitoring post stated that Abraxas Capital's BTC short position's unrealized losses widened to approximately 24950000 USD。
Article
🐳【Abraxas Capital Main address]BTC Short position: unrealized losses widen!
▫️ P&L: -22,731,056.58 USD (-47.85%) → -24,951,418.94 USD (-52.03%)
▫️ Average entry price: 75,949.40 USD▫️ Current token price: 84,771.00 USD▫️ Liquidation price: 136,775.02 USD▫️ Position size: 239,770,200.95 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and the address was previously the whale with the largest contract position size.Hyperliquid largest contract position size whale.November onward, this address continuously took profits, with its position size previously reaching 920000000 USD. 🔥
On-chain Perp live-trading social network map: view the most comprehensive Hyperliquid on-chain data:https://www.tradingbeats.xyz
Key points
01
The post stated that Abraxas Capital main address's BTC short-position P&L was -24,951,418.94 USD（-52.03%), having previously been -22,731,056.58 USD（-47.85%）。
02
The post listed the BTC short position's average entry price as 75,949.40 USD, the current token price as 84,771.00 USD, and the liquidation price as 136,775.02 USD。
03
The position size listed in the post was 239,770,200.95 USD。
04
The post stated that this address was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The post stated that the large short position was opened on May, and that the address had previously continuously taken profits, with its position size previously reaching 920000000 USD。
06
The information source was a HyperInsight Telegram post, which included a tradingbeats.xyz link.
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. According to the post's data,BTC the current price is higher than this short position's average entry price, so the position is at an unrealized loss; the post shows that both the loss amount and loss percentage have widened compared with before.
Why it matters to readers
If the post's data is accurate, this is a relatively large BTC short position.BTC If the price continues to rise, the related unrealized losses may widen further.
This can help beginners understand that shorting does not mean profiting when prices rise; price movements in the opposite direction generate unrealized losses and may create pressure to close the position or face liquidation.
Risks and unknowns
The above information comes from a Telegram monitoring post, and no independently verifiable on-chain records or data interface were provided as evidence.
This post alone cannot confirm that the address belongs to Abraxas Capital, nor can it confirm the timeliness of the listed position data.
Based on this, it cannot be confirmed that this position will have an actual impact on BTC price.
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Related concepts
Short Position
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