🔥 Note: Abraxas Capital began building this large short position in May and was previously the whale with the largest derivatives position size on Hyperliquid. Since November, this address has continued taking profits; its position size previously reached USD 920 million. 🔥
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Key points
01
The PUMP short position was reduced by 186,586,100.00 tokens, stated in the text as equivalent to approximately USD 2,009,840.57.
02
The position size is USD 15,069,602.10.
03
The average entry price is USD 0.0{2}460, and the current token price is USD 0.0{2}452.
04
Current P&L is +USD 269,113.43 (+8.93%).
05
The liquidation price is 0.04 USD.
06
The address listed in the text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The source states that an address labeled as the "Abraxas Capital main address" reduced its PUMP short position, listing data such as remaining holdings, profit and loss, price, and liquidation price.
Why it matters to readers
This data shows the address's reduction of its PUMP short position and the current profit-and-loss status of its holdings.
Beginners can understand this as: the address reduced its position betting on a decline in the PUMP price, but the source does not provide independently verifiable transaction records.
Risks and unknowns
It is impossible to confirm solely from the source that the address belongs to Abraxas Capital.
It is impossible to verify solely from the source the reduction amount, USD valuation, position size, profit and loss, price, and liquidation price.
The specific decimal notation for "USD 0.0{2}460" and "USD 0.0{2}452" is ambiguous.
The source mentions May, November, and a previous USD 920 million position, but does not specify the year.
The source does not specify the data statistical methodology or the collection time.
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Related concepts
Short Position
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