Monitoring Reports Narrowing Floating Loss on Abraxas Capital-Labeled Address ETH Short Position
BIBIBI
AT A GLANCE
Abraxas Capital The main address’s ETH The unrealized loss on the short position narrowed from 46170000 USD narrowed to 43820000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position unrealized loss narrows!
▫️ P&L:-46,171,259.13 USD (-80.43%) → -43,816,148.12 USD (-76.96%)
▫️ Average entry price:2,304.03 USD▫️ Current token price:2,723.19 USD▫️ Liquidation price:4,116.93 USD▫️ Position size:284,662,152.40 USD📌 Address:0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position began to be established on May, and was previously the whale with the largest contract position size on Hyperliquid.November onward, this address has continued taking profits; its position size previously reached 920000000 USD. 🔥
On-chain Perp live-trading social network graph. View the most comprehensive on-chain Hyperliquid data:https://www.tradingbeats.xyz
Key points
01
Profit/loss changed from -46,171,259.13 USD (-80.43%) to -43,816,148.12 USD (-76.96%).
02
, an average entry price of 2,304.03 USD, a current token price of 2,723.19 USD, and a liquidation price of 4,116.93 USD。
03
. Position size:284,662,152.40 USD。
04
The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The text states that this address was previously the whale with the largest contract capital on Hyperliquid, and its position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a ETH short position: if the price of ETH rises, the short position will generally face losses. The text shows that this position is still currently at an unrealized loss, and its liquidation price is higher than the current coin price.
Why it matters to readers
The position is relatively large, so changes in the price of ETH could significantly affect its unrealized profit and loss.
A short position is a bet that the price will fall; an unrealized loss means a loss that has not yet been realized based on the current price, and the liquidation price is a key risk price to monitor.
Risks and unknowns
The source does not specify the time period corresponding to the change in profit and loss.
“May“Starting to build a position” and “Starting to take continuous profits”November do not specify a year.
The data and related assessment in the text come from the post itself, and no independent verification information is provided.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.