HyperInsight identifies it as the Abraxas Capital main address's ETH short position's unrealized loss is expanding
BIBIBI
AT A GLANCE
An address labeled as Abraxas Capital of ETH the unrealized loss on the short position widened to approximately 42610000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position unrealized loss widening!
▫️ P&L: -40,447,162.47 USD (-71.89%) → -42,614,287.09 USD (-75.16%)
▫️ Average price: 2,304.06 USD▫️ Current coin price: 2,711.69 USD▫️ Liquidation price: 4,144.32 USD▫️ Position size: 283,482,480.63 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position began building at May; previously, it was a whale with the Hyperliquid largest contract capital size.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD. 🔥
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Key points
01
Profit/loss changed from -40,447,162.47 USD (-71.89%) to -42,614,287.09 USD (-75.16%).
02
and an average entry price of 2,304.06 USD, while the current coin price is 2,711.69 USD。
03
and the liquidation price is 4,144.32 USD, with a position size of 283,482,480.63 USD。
04
The address listed in the text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The note states that the large short position began building at May; the address was previously a whale with the Hyperliquid largest contract capital size.
06
The note stated that the address has continued taking profits since November and that its position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a position betting on a price decline. The record here states that the ETH short position's losses are widening; the text also lists the average entry price, current token price, liquidation price, and position size.
Why it matters to readers
This shows that the short position in this record ETH is currently at a relatively large loss, with the liquidation price listed as 4,144.32 USD。
Beginners can first understand it this way: a short position will usually incur losses when the price rises, but this record alone cannot confirm the address ownership or position data.
Risks and unknowns
The source is a Telegram monitoring post; the text does not provide independently verifiable on-chain or exchange position evidence.
It cannot be confirmed from the text alone that this address indeed belongs to Abraxas Capital。
It cannot be confirmed whether the profit and loss, position size, and liquidation price are accurate or still valid.
The text does not specify the details of May and November year.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
