HyperInsight stated that the wallet labeled Abraxas Capital Main Address PUMP saw its short position turn into an unrealized loss.
BIBIBI
AT A GLANCE
A PUMP short position's marked P&L shifted from an unrealized profit to an unrealized loss.
Article
🐳【Abraxas Capital Main Address】PUMP Short position turns from profit to loss!
▫️ P&L: +279,099.91 USD (+9.27%) → -1,867,993.83 USD (-54.28%)
▫️ Average entry price: 0.0{2}460 USD▫️ Current token price: 0.0{2}516 USD▫️ Liquidation price: 0.05 USD▫️ Position size: 17,206,709.36 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May, and it was previously the whale with the largest contract position size.Hyperliquid the whale with the largest contract position size.November; since then, this address has continuously taken profits, and its position size previously reached 920000000 USD. 🔥
On-chain Perp live trading social network graph—view the most comprehensive Hyperliquid on-chain data:https://www.tradingbeats.xyz
Key points
01
The post stated that Abraxas Capital the Main Address holds PUMP short positions.
02
The P&L listed in the post changed from +279,099.91 USD（+9.27%）to -1,867,993.83 USD（-54.28%）。
03
The average entry price listed in the post is 0.0{2}460 USD, the current token price is 0.0{2}516 USD, and the liquidation price is 0.05 USD。
04
The position size listed in the post is 17,206,709.36 USD。
05
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
06
The post stated that this large short position began to be opened at May, and claimed that this address had previously been Hyperliquid the whale with the largest contract capital scale.
07
The post stated that this address November began continuously taking profits, with the position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a bet on a price decline. The post indicates that this PUMP short position had previously shown a profit and later showed a loss; it also lists the average entry price, current token price, liquidation price, and position size.
Why it matters to readers
This shows that the marked-to-market book status of the position referenced in the post changed significantly, but this excerpt alone cannot determine PUMP the overall price direction or whether the position will subsequently be closed.
Beginners can first distinguish between unrealized gains/losses and realized gains/losses: the post only shows the position status and does not mean that the trade has been completed or that payment has actually been received.
Risks and unknowns
“Abraxas Capital“Main address” is a source label in the post; the evidence does not independently establish ownership of that address.
The evidence does not provide independent on-chain verification.
The evidence does not state whether the position remained open after the post was published, nor whether it was increased or reduced.
The evidence does not specify the calculation methodology for these data.
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
