Abraxas Capital Main address SOL short position unrealized loss narrowed to approximately 17310000 USD
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AT A GLANCE
A Telegram message stated that the Abraxas Capital main address's SOL short position unrealized loss narrowed to approximately 17310000 USD。
Article
🐳【Abraxas Capital Main address】SOL Short position unrealized loss narrows!
▫️ Profit and loss: -19,654,963.58 USD (-219.21%) → -17,312,791.22 USD (-198.30%)
▫️ Average entry price: 94.31 USD▫️ Current token price: 117.64 USD▫️ Liquidation price: 353.30 USD▫️ Position size: 87,306,933.03 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and it was previously the whale with the Hyperliquid largest derivatives position size.November Starting on, this address continued taking profits; its position size had previously reached 920000000 USD。 🔥
Key points
01
The report stated that profit and loss changed from -19,654,963.58 USD（-219.21%） to -17,312,791.22 USD（-198.30%）。
02
The reported average entry price was 94.31 USD, the current token price was 117.64 USD, and the liquidation price was 353.30 USD。
03
The reported position size was 87,306,933.03 USD。
04
The reported address was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The report stated that this address's large SOL short position was opened on May, and that it was previously the whale with the Hyperliquid largest derivatives position size.
06
The report stated that this address had continuously taken profits since November, and its position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position profits when the price declines. The report stated that the position remains at a loss, but the loss amount has decreased; if the price continues to rise, the short position may face larger losses or liquidation risk.
Why it matters to readers
This indicates that a large short position labeled as the Abraxas Capital main address remains affected by price changes, but the address attribution and position data have not been independently verified.SOL
Do not assess market direction based solely on this report; the profit and loss of a short position changes with the price of SOL, and a liquidation price does not mean liquidation will necessarily occur.
Risks and unknowns
This report alone cannot confirm that the address indeed belongs to Abraxas Capital。
This report alone cannot independently verify the position size, margin, open interest, or profit and loss data.
The report does not clearly state the platform or on-chain records from which the data originated.
The report does not confirm whether the address subsequently continued taking profits, reduced its position, closed its position, or reversed its position.
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Related concepts
Short Position
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