Abraxas Capital Main address reduced 1,100,526 units XRP in short positions, equivalent to approximately 2016000 USD
BIBIBI
AT A GLANCE
The message states that Abraxas Capital the address reduced 1100000 units XRP in short positions and realized an unrealized profit.
Article
🐳 【Abraxas Capital Main address】XRP Take-profit on the short position!
💰XRP Reduced short position by 1,100,526.00 units, equivalent to approximately 2,015,897.72 USD▫️ Position size: 25,465,359.29 USD▫️ Average price: 1.49 USD▫️ Current profit/loss: +3,316,956.61 USD (+65.13%)
▫️ Current token price: 1.32 USD▫️ Liquidation price: 11.79 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May; previously, it was Hyperliquid the whale with the largest contract capital allocation.November Since then, this address has continued taking profit; its position size previously reached 920000000 USD。 🔥
Key points
01
The original text states that Abraxas Capital the main address reduced XRP in short positions by 1,100,526.00 units, equivalent to approximately 2,015,897.72 USD。
02
The position size listed in the original text was 25,465,359.29 USD, with an average price of 1.49 USD。
03
The current profit/loss listed in the original text was +3,316,956.61 USD（+65.13%), while the current token price was 1.32 USD, and the liquidation price was 11.79 USD。
04
The address given in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text states that the address opened the position starting May; it began continuously taking profit from 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.
This is an on-chain monitoring message about changes in the XRP short position of a certain address. According to the original text, the address reduced part of its short position and listed the remaining position size, average price, profit/loss, token price, and liquidation price.
Why it matters to readers
It provides a specific address and its XRP short position, position size, and profit/loss data, which may serve as a clue for observing subsequent changes in that address's position.
Beginners can first distinguish between the number of short positions, position size, profit/loss, and liquidation price; these data correspond only to the address identified in the original text.
Risks and unknowns
The message comes from the Telegram channel HyperInsight; the original text does not provide independently verifiable on-chain transaction records.
The authenticity of the position, amount, and profit/loss data stated in the original text has not been confirmed.
This message alone cannot confirm changes in XRP or Hyperliquid the overall market.
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
