Abraxas Capital Main address SOL short position unrealized loss widened to approximately 7953000 USD
BIBIBI
AT A GLANCE
The message stated that Abraxas Capital the main address's SOL short position unrealized loss widened to 7952700 USD。
Article
🐳【Abraxas Capital Main address]SOL Short position unrealized loss widens!
▫️ P&L: -5,895,342.37 USD (-55.60%) → -7,952,742.43 USD (-72.98%)
▫️ Average entry price: 94.31 USD▫️ Current coin price: 105.29 USD▫️ Liquidation price: 367.80 USD▫️ Position size: 76,276,296.02 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened in May, and the address was previously the whale with the largest contract capital on Hyperliquid.November Since 920000000 USD。 🔥
Key points
01
The P&L listed in the message changed from -5,895,342.37 USD（-55.60%) to -7,952,742.43 USD（-72.98%）。
02
The SOL short position had an average entry price of 94.31 USD, while the current coin price listed in the message was 105.29 USD。
03
The liquidation price listed in the message was 367.80 USD, and the position size was 76,276,296.02 USD。
04
The address listed in the message was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The message stated that the large short position was opened in May, and that the address had been taking profits continuously since November, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions generally profit when the underlying asset's price falls. The SOL current coin price in the message is higher than the short position's average entry price, while both the listed loss amount and loss percentage increased; therefore, the position was described as having a widening unrealized loss.
Why it matters to readers
These data show the current unrealized loss, position size, and liquidation price of a large SOL short position and can be used to monitor whether the address subsequently adjusts its position; however, data from a single address cannot independently prove the SOL overall trend.
Beginners can use this to understand short positions, unrealized losses, and liquidation prices: an unrealized loss is a paper loss on a position that has not yet been closed, while the liquidation price is the price to monitor when a position may be forcibly handled. Do not make trading decisions based solely on a single address's position.
Risks and unknowns
The content comes from a Telegram message, and no independent on-chain verification results were provided.
The original text does not confirm whether the listed P&L, prices, liquidation price, and position size were real-time data at the time of publication.
“May” and “November” do not specify a year.
The original text does not specify the exact time interval corresponding to the change in P&L.
The original text does not indicate that the position has already been liquidated.
Related Developments
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“Previously the whale with the largest contract capital on Hyperliquid” and “previously reaching 920000000 USD” are historical claims in the message, with no supporting verification materials provided.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
