Abraxas Capital Address ETH The unrealized loss on the short position was reportedly narrowed to approximately 41190000 USD
BIBIBI
AT A GLANCE
The Telegram channel stated that the Abraxas Capital main address's ETH short-position unrealized loss narrowed somewhat.
Article
🐳【Abraxas Capital Main address]ETH Short-position unrealized loss narrowed!
▫️ P&L: -43,785,140.71 USD (-76.91%) → -41,192,536.25 USD (-73.02%)
▫️ Average entry price: 2,304.06 USD▫️ Current coin price: 2,698.09 USD▫️ Liquidation price: 4,025.07 USD▫️ Position size: 282,060,729.80 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened starting May; previously, it was a whale with the largest contract capital position size.Hyperliquid November Starting from, this address has continued taking profits; its position size previously reached 920000000 USD。 🔥
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Key points
01
Evidence stated that the address's ETH short-position P&L changed from -43,785,140.71 USD（-76.91%) to -41,192,536.25 USD（-73.02%）。
02
The evidence listed the ETH short position's average entry price as 2,304.06 USD, the current coin price as 2,698.09 USD, and the liquidation price as 4,025.07 USD。
03
The position size listed in the evidence was 282,060,729.80 USD。
04
The address listed in the evidence was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The evidence stated that this large short position was opened starting May, and November starting from then, the address continued taking profits; its position size previously reached 920000000 USD。
06
The information source link was the Telegram channel HyperInsight.
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. Here, “unrealized loss narrowed” means that the position's book loss became smaller, but the evidence does not state whether it has been closed. The liquidation price is the price at which a position may be forcibly closed; the price listed in the evidence was 4,025.07 USD。
Why it matters to readers
This indicates that an account labeled as the Abraxas Capital main address held approximately 282000000 USD ETH in short positions; its position changes are worth monitoring, but the position of a single account cannot represent the ETH overall trend.
Beginners can use this to understand short positions, unrealized losses, average entry prices, and liquidation prices: position P&L changes with price movements, and reaching the liquidation price may trigger forced closure.
Risks and unknowns
The material came from a Telegram channel and provided no independently verifiable on-chain or trading-platform evidence.
The evidence did not prove that the address actually belonged to Abraxas Capital。
The evidence did not specify the exact time or calculation method corresponding to the P&L change.
The evidence did not specify whether the position still existed, whether profit-taking continued, or whether margin was adjusted.
“May and “November” do not specify a year.
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Related concepts
Short Position
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