Abraxas Capital the labeled main address ETH's short position unrealized loss widened to approximately 11360000 USD
BIBIBI
AT A GLANCE
The report stated that Abraxas Capital main address's ETH short position unrealized loss widened to approximately 11360000 USD, but the data has not been independently verified.
Article
🐳【Abraxas Capital Main address】ETH Short position unrealized losses widen!
▫️ Profit and loss: -9,338,442.58 USD (-18.21%) → -11,363,355.38 USD (-21.99%)
▫️ Average entry price: 2,322.65 USD▫️ Current token price: 2,429.50 USD▫️ Liquidation price: 4,088.73 USD▫️ Position size: 258,378,447.43 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May. Previously, it was the whale with the Hyperliquid largest contract capital scale.November onward, this address continuously took profits; its position size had previously reached 920000000 USD。 🔥
Key points
01
The original post stated that this ETH short position's profit and loss changed from -9,338,442.58 USD（-18.21%） to -11,363,355.38 USD（-21.99%）。
02
The average entry price listed in the original post was 2,322.65 USD, the current token price was 2,429.50 USD, and the liquidation price was 4,088.73 USD。
03
The position size listed in the original post was 258,378,447.43 USD。
04
The address given in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original post stated that this large short position was opened on May, and that from November onward, the address continuously took profits; its position size had previously reached 920000000 USD。
06
The original text states that this address was previously the whale with the largest contract capital on Hyperliquid.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position profits when the price falls. The current token price listed in the original post is higher than the short position's average entry price, so the position is at an unrealized loss; “unrealized loss” means a mark-to-market loss on a position that has not yet been closed. The liquidation price is the potential forced-close price reported in the original post, but its accuracy still requires verification.
Why it matters to readers
This is a relatively large ETH short position as described in the original post, and changes in its position may draw market attention. However, the evidence provides only channel text, an address, and data, without independently verifiable on-chain or exchange proof of the position.
Beginners may treat this as an unverified indication of a single large holder's position and should not rely solely on this report to determine ETH the subsequent price direction or directly copy the trade.
Risks and unknowns
It has not been independently confirmed whether this address belongs to Abraxas Capital。
It has not been independently confirmed that this address's ETH position direction, size, profit and loss, average entry price, and liquidation price are accurate.
The original post does not specify the exact times to which the sets of profit-and-loss data correspond.
The original post only states “May” and “November” without specifying the year.
The subsequent price trend of ETH cannot be confirmed solely from this position information.
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Related concepts
Short Position
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