Abraxas Capital Main address BTC The short position's unrealized loss expanded to approximately 28070000 USD
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AT A GLANCE
A monitoring post stated that the Abraxas Capital main address's BTC short position's unrealized loss expanded to approximately 28070000 USD。
Article
🐳【Abraxas Capital Main address]BTC Short-position unrealized loss expands!
▫️ Profit/Loss: -25,970,348.14 USD (-54.62%) → -28,067,024.59 USD (-58.52%)
▫️ Average entry price: 75,949.40 USD▫️ Current token price: 86,016.00 USD▫️ Liquidation price: 135,879.71 USD▫️ Position size: 239,824,097.16 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and this address was previously described as a whale with the largest contract capital size on Hyperliquid.November; since then, this address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The post stated that this BTC short position's profit/loss changed from -25,970,348.14 USD（-54.62%） to -28,067,024.59 USD（-58.52%）。
02
The entry price listed in the post was 75,949.40 USD, and the current token price was 86,016.00 USD。
03
The liquidation price listed in the post was 135,879.71 USD, with a position size of 239,824,097.16 USD。
04
The address provided in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The post stated that the large short position was opened on May, and stated that the 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 positions generally profit when prices decline. The current token price in the post is higher than the average entry price and shows a negative profit/loss, so this position is currently at an unrealized loss. “Unrealized loss” means a book loss that has not yet been finally confirmed through closing the position.
Why it matters to readers
If the post's data is accurate, this is a relatively large BTC short position. Its profit/loss changes and distance from the liquidation price warrant attention; however, a single address's position cannot represent the overall market direction.
Beginners may treat this as a risk observation of a single large account and should not judge BTC price movements or follow trades based solely on this position.
Risks and unknowns
The material does not provide independently verifiable on-chain transaction records, and the claim that the address belongs to Abraxas Capital cannot be confirmed.
The profit/loss, average entry price, token price, liquidation price, and position size all come from a single monitoring post; their authenticity and calculation methodology are unknown.
“May” and “November” do not specify a year.
Claims that the previous position reached 920000000 USD and that it was “a whale with the largest contract capital size on Hyperliquid” are not accompanied by supporting evidence.
It is unknown whether the address has reduced or closed the position, added margin, or changed the liquidation price.
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Related concepts
Short Position
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