Abraxas Capital Main address ETH the short-position floating loss narrowed to approximately 20180000 USD
BIBIBI
AT A GLANCE
The text states that the address's ETH short-position floating loss narrowed from 22259100 USD to 20178800 USD。
Article
🐳【Abraxas Capital Main address】ETH Short-position floating loss narrows!
▫️ P&L: -22,259,134.19 USD (-39.85%) → -20,178,790.07 USD (-36.40%)
▫️ Average price: 2,322.64 USD▫️ Current coin price: 2,505.00 USD▫️ Liquidation price: 4,070.09 USD▫️ Position size: 277,194,788.51 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened from May, and the address was previously the whale with the largest contract position size on Hyperliquid.November From 920000000 USD。 🔥
Key points
01
Profit/loss changed from -22,259,134.19 USD (-39.85%) to -20,178,790.07 USD (-36.40%).
02
The average price of the short position was 2,322.64 USD, and the current coin price listed in the text was 2,505.00 USD。
03
The liquidation price listed in the text was 4,070.09 USD, and the position size was 277,194,788.51 USD。
04
The address provided in the text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The text states that the large short position was opened from May and that the address has continuously taken profits since November.
06
The text states that the address's position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position typically profits when the coin price falls. The current coin price in the text is higher than the average price of the short position, so the position still shows a loss; however, both the latest listed loss amount and loss percentage are lower than the previous figures, so it is described as “floating loss narrows.”
Why it matters to readers
This set of data shows the P&L, position size, and liquidation price of a large ETH short position and can be used to continue monitoring whether the address's position changes.
Beginners can regard this as a position snapshot for a single address, rather than a definitive judgment about the subsequent price movements of ETH; the key distinctions are the average price, current coin price, floating loss, and liquidation price.
Risks and unknowns
The content comes from a Telegram channel; the original text did not provide an independently verifiable on-chain position link or screenshot.
The original text alone cannot confirm whether the address is indeed controlled by Abraxas Capital.
The exact collection time corresponding to the “current coin price” and position data was not stated in the main text.
“May opened the position from” and “November continuously took profits from” do not specify the exact year or provide corresponding on-chain records.
The address data alone cannot determine its actual impact on the price of ETH.
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