Abraxas Capital Main address SOL Reported unrealized loss on short position narrows
BIBIBI
AT A GLANCE
A channel message states that the Abraxas Capital short position labeled as the main address SOL has seen its unrealized loss narrow.
Article
🐳【Abraxas Capital Main address】SOL Short position's unrealized loss narrows!
▫️ P&L: -7,952,742.43 USD (-72.98%) → -5,872,059.46 USD (-55.36%)
▫️ Average entry price: 94.32 USD▫️ Current token price: 102.42 USD▫️ Liquidation price: 362.29 USD▫️ Position size: 74,248,362.99 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May; it was previously the whale with the largest contract capital size.Hyperliquid November; from then on, this address continuously took profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The report states that SOL's short position P&L changed from -7,952,742.43 USD（-72.98%） to -5,872,059.46 USD（-55.36%）。
02
The report-listed average entry price is 94.32 USD, the current token price is 102.42 USD, and the liquidation price is 362.29 USD。
03
The report-listed position size is 74,248,362.99 USD。
04
The report lists the address as 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The report states that this address began establishing the position on May, and has continuously taken profits since November; these claims do not provide independently verifiable on-chain data.
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. If the price rises, a short position will generally incur losses; this report states that the position's loss amount has decreased.
Why it matters to readers
If the position and address label are accurate, changes in a larger SOL short position may affect short-term trading liquidity; a single address does not represent overall market direction.
Beginners should first understand that this is an unindependently verified position report concerning a single address and should not rely on it alone to judge SOL price movements.
Risks and unknowns
The evidence comes from a Telegram channel and does not provide independently verifiable on-chain position data.
“Abraxas Capital The ownership and labeling of the “main address” have not yet been independently confirmed by the evidence.
This report alone cannot confirm whether the position continues taking profits, increasing its position, or closing its position.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
