The wallet labeled Abraxas Capital as the primary address saw its BTC short-position unrealized loss narrow to approximately 17470000 USD
BIBIBI
AT A GLANCE
The channel stated that the Abraxas Capital primary address's BTC short-position unrealized loss narrowed to 17,472,713.02 USD。
Article
🐳【Abraxas Capital Primary address]BTC Short-position unrealized loss narrows!
▫️ P&L: -19,803,577.80 USD (-45.27%) → -17,472,713.02 USD (-40.38%)
▫️ Average entry price: 76,265.20 USD▫️ Current token price: 82,964.98 USD▫️ Liquidation price: 147,811.12 USD▫️ Position size: 216,368,911.91 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began accumulating from May, previously making this address the whale with the largest contract funding size.Hyperliquid November Since then, the address has continued taking profit; its position size previously reached 920000000 USD。 🔥
Key points
01
The original text stated that this BTC short-position P&L changed from -19,803,577.80 USD（-45.27%) to -17,472,713.02 USD（-40.38%）。
02
The average entry price listed in the original text was 76,265.20 USD, the current token price was 82,964.98 USD, and the liquidation price was 147,811.12 USD。
03
The position size listed in the original text was 216,368,911.91 USD。
04
The address given in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text stated that this large short position began accumulating from May and that the address had continued taking profit 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 positions generally profit when prices fall. The original text shows that the current token price is above the average entry price, so the position remains at an unrealized loss; however, the loss amount and percentage have decreased from before.
Why it matters to readers
This is a short position that the original text said exceeded 200000000 USD in size, involving BTC, whose P&L, position changes, and proximity to liquidation may draw attention.
Beginners should distinguish between unrealized loss and realized loss: an unrealized loss is the book-value change before a position is closed. The wallet attribution and data authenticity indicated by the channel still require verification, and should not be used as a direct basis for trading.
Risks and unknowns
The original text alone cannot confirm that this address indeed belongs to Abraxas Capital。
The collection time and real-time status of the position, token price, P&L, and liquidation price data cannot be confirmed.
It cannot be confirmed that statements such as “May began accumulating from ”, “November continued taking profit since ”, or “previously reached 920000000 USD” are accurate.
The original text did not provide independent on-chain records or platform data to verify the relevant figures.
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Related concepts
Short Position
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