Abraxas Capital The labeled address's BTC short position's unrealized loss widened to approximately 21680000 USD
BIBIBI
AT A GLANCE
The post stated that the Abraxas Capital labeled Main Address's BTC short position's unrealized loss widened to 21,684,541.73 USD。
Article
🐳【Abraxas Capital Main Address】BTC Short position's unrealized loss widens!
▫️ P&L: -19,200,046.27 USD (-41.56%) → -21,684,541.73 USD (-46.44%)
▫️ Average entry price: 75,949.40 USD▫️ Current token price: 83,726.00 USD▫️ Liquidation price: 147,139.00 USD▫️ Position size: 233,464,497.09 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began building on May, and the address was previously a whale with the largest contract position size on Hyperliquid.November, the address has continuously taken profits, and its position size previously reached 920000000 USD. 🔥
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Key points
01
The P&L listed in the post changed from -19,200,046.27 USD（-41.56%） to -21,684,541.73 USD（-46.44%）。
02
The average entry price listed in the post was 75,949.40 USD, and the current token price was 83,726.00 USD。
03
The liquidation price listed in the post was 147,139.00 USD, with a position size of 233,464,497.09 USD。
04
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The post stated that the large short position began building on May, and that the address had continuously taken profits since November, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions typically profit when prices fall. The current token price in the post is higher than the short position's average entry price, so the position shows an unrealized loss; “unrealized loss” means a book loss calculated at the current price and does not equal an actual loss that has already been settled.
Why it matters to readers
This is a relatively large BTC short position listed in the post, and its P&L fluctuations may be affected by the price of BTC and position adjustments. However, data from a single address cannot directly indicate BTC's subsequent price direction.
Beginners can monitor the relationship between the current token price, average entry price, position size, and liquidation price, but should not make trading decisions based solely on a single address's position.
Risks and unknowns
Whether the address indeed belongs to Abraxas Capital has not been independently confirmed.
The position, P&L, current token price, and liquidation price are all data listed in the post, which does not provide an on-chain position link for independent verification.
“May” and “November” do not specify a particular year.
The post does not explain the respective times to which the sets of P&L data correspond.
It is not possible to determine BTC's subsequent trend based solely on this position.
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Related concepts
Short Position
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