Abraxas Capital a tagged main address ETH short-position unrealized loss widened to approximately 42920000 USD
BIBIBI
AT A GLANCE
The post stated that Abraxas Capital the main address's ETH short-position unrealized loss widened to approximately 42920000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short-position unrealized loss widening!
▫️ P&L: -40,721,965.24 USD (-72.30%) → -42,917,532.15 USD (-75.61%)
▫️ Average entry price: 2,304.10 USD▫️ Current coin price: 2,714.59 USD▫️ Liquidation price: 4,059.98 USD▫️ Position size: 283,813,616.34 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position began to be built on May; previously, it was Hyperliquid the whale with the largest contract capital size.November Since, this address has continued to take profits; its position size previously reached 920000000 USD。 🔥
Key points
01
The post labeled the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as Abraxas Capital a main address.
02
ETH The short-position P&L changed from a loss of 40,721,965.24 USD(-72.30%)to a loss of 42,917,532.15 USD(-75.61%)。
03
The average entry price listed in the post was 2,304.10 USD, the current coin price was 2,714.59 USD, and the liquidation price was 4,059.98 USD。
04
The position size listed in the post was 283,813,616.34 USD。
05
The post stated that the large short position began to be built on May, and that the address had previously held a 920000000 USD position size.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a position-data post about changes in the losses of a ETH short position. The post shows that both the loss amount and loss percentage of the tagged address increased, and lists the average entry price, current coin price, and liquidation price.
Why it matters to readers
If the position data in the post is accurate, the liquidation price and position size can be used to observe the address's risk status; however, a single post cannot confirm the authenticity of the data or its overall market impact.
A short position is generally a position oriented toward a price decline; an unrealized loss is a current unrealized loss, and the liquidation price is the relevant risk price listed in the post.
Risks and unknowns
The original text provides no independent verification of on-chain position, trading platform, or price data.
The original text does not clearly state whether the address still fully holds the position.
It cannot be confirmed from the original text alone whether this position will affect ETH the overall price.
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.