Abraxas Capital Main address ETH short-position unrealized loss narrowed to approximately 30160000 USD
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AT A GLANCE
The post said that Abraxas Capital the main address's ETH short-position unrealized loss narrowed to approximately 30160000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short-position unrealized loss narrowing!
▫️ P&L: -32,236,986.35 USD (-57.31%) → -30,161,240.23 USD (-54.02%)
▫️ Average entry price: 2,315.37 USD▫️ Current coin price: 2,595.80 USD▫️ Liquidation price: 4,259.21 USD▫️ Position size: 279,190,837.58 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened starting May, and this address was previously the whale with the largest contract capital on Hyperliquid.November Since then, this address has continued taking profit; its position size previously reached 920000000 USD。 🔥
Key points
01
The P&L listed in the post changed from -32,236,986.35 USD(-57.31%) to -30,161,240.23 USD(-54.02%)。
02
The average entry price listed in the post was 2,315.37 USD, the current coin price was 2,595.80 USD, and the liquidation price was 4,259.21 USD。
03
The position size listed in the post was 279,190,837.58 USD。
04
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The post states that the large short position was opened on May, and that the address has continuously taken profits since November.
06
The post said that this address's position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a data update concerning the short position of a single address.ETH According to the numbers in the post, the position remains in an unrealized-loss state, but both the loss amount and loss percentage have decreased.
Why it matters to readers
The position size disclosed in the post was substantial. Changes in P&L, coin price, and liquidation price may be used to continue monitoring this address's position risk, but can only reflect this address's situation.
Beginners can understand it as a position snapshot of a large ETH short-position account; one should not determine the ETH subsequent price movement based solely on a single address.
Risks and unknowns
The evidence provided does not include independent on-chain verification, so the address attribution, position, and P&L data cannot yet be confirmed.
Claims such as “main address” and “the whale with the largest contract capital” lack independent proof in the evidence.
May and November are not dated by year.
The post does not explain the specific reason for the narrowing unrealized loss.
It is unknown whether the address will continue taking profit, reduce its position, add to its position, close the position, or reach the liquidation price.
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