Abraxas Capital main address ETH short position unrealized loss expanded to approximately 6480000 USD
BIBIBI
AT A GLANCE
The Telegram channel said that the Abraxas Capital short position's ETH unrealized loss expanded to 6482900 USD。
Article
🐳【Abraxas Capital Main Address】ETH Short position unrealized loss expands!
▫️ Profit/loss: -4,158,687.89 USD (-8.27%) → -6,482,930.23 USD (-12.77%)
▫️ Average entry price: 2,322.74 USD▫️ Current price: 2,383.63 USD▫️ Liquidation price: 4,220.83 USD▫️ Position size: 253,785,331.14 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May, and it was previously Hyperliquid the whale with the largest contract position size.November Since then, the address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
Profit/loss changed from -4,158,687.89 USD (-8.27%) to -6,482,930.23 USD (-12.77%).
02
The position's average entry price is 2,322.74 USD, and the current price is 2,383.63 USD。
03
The liquidation price is 4,220.83 USD, and the position size is 253,785,331.14 USD。
04
The post labels the address as 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The post says the large short position began to be established on May, and the address had previously reached a 920000000 USD position size.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is an update on a ETH short position: the post shows that the position's USD loss and loss percentage both expanded, and lists the price, liquidation price, and position size.
Why it matters to readers
It reflects that the ETH short position labeled in the post is currently under pressure, but data from a single address cannot represent the overall market.
Short positions typically bet on a price decline; when the price is higher than the short position's average entry price, the position may incur losses.
Risks and unknowns
The information comes from a single Telegram channel, and the evidence has not been independently verified.
Whether the address is indeed the Abraxas Capital main address has not been independently confirmed.
The position size and profit/loss data in the post have not been independently confirmed.
The year corresponding to May and November is not specified.
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Short Position
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