Abraxas Capital The labeled main address reduced its ENA short position
BIBIBI
AT A GLANCE
The monitoring post stated that the wallet labeled Abraxas Capital main address reduced 7305100 tokens of ENA short positions.
Article
🐳 【Abraxas Capital Main address]ENA Short position take-profit!
💰ENA Short position reduced by 7,305,124.00 tokens, equivalent to approximately 1,648,103.40 USD▫️ Position size: 5,173,666.96 USD▫️ Average entry price: 0.24 USD → 0.24 USD▫️ Current profit/loss: +1,765,630.56 USD (+102.38%)
▫️ Current token price: 0.18 USD▫️ Liquidation price: 6.77 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May, and this was previously the whale with the largest contract position size on Hyperliquid.November, this address has continuously taken profits, with its position size previously reaching 920000000 USD。 🔥
Key points
01
The original post stated that the ENA short position was reduced by 7,305,124.00 tokens, equivalent to approximately 1,648,103.40 USD。
02
The position size listed in the original post was 5,173,666.96 USD。
03
The average entry price change listed in the original post was 0.24 USD to 0.24 USD。
04
The current profit/loss listed in the original post was +1,765,630.56 USD（+102.38%）。
05
The current token price listed in the original post was 0.18 USD, and the liquidation price was 6.77 USD。
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The address provided in the original post was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
07
The original post stated that the large short position began to be established on May, and that this 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 position reduction” means that the post claims this address reduced its bearish ENA position; “take-profit” means reducing a position while it is already profitable. The post also listed the remaining position, profit/loss, token price, and liquidation price, but all of these are data provided by the poster.
Why it matters to readers
If the reduction information is accurate, this address's ENA short exposure has decreased; whether it continues to reduce its position is an important area to monitor for position changes.
Beginners should not copy trades solely because a single large address changes its position. They should first understand short positions, liquidation prices, and leverage risks, and verify the address ownership and position data.
Risks and unknowns
The original text did not provide evidence that could independently verify the address ownership.
The original text did not include independent verification materials for position and trade records.
The original text alone cannot confirm that this address indeed belongs to Abraxas Capital。
The original text alone cannot confirm the accuracy of the reduction, profit/loss, position size, and historical peak data.
The original text did not specify the years corresponding to May and November.
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Related concepts
Short Position
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