Abraxas Capital Primary address SOL short-position unrealized loss narrowed to approximately 10740000 USD
BIBIBI
AT A GLANCE
Sources state that Abraxas Capital the relevant address's SOL short-position unrealized loss has narrowed.
Article
🐳【Abraxas Capital Primary Address]SOL Short Position Unrealized Loss Narrows!
▫️ Profit/Loss: -12,833,784.60 USD (-154.98%) → -10,741,534.81 USD (-133.08%)
▫️ Average Entry Price: 94.31 USD▫️ Current Token Price: 108.79 USD▫️ Liquidation Price: 323.03 USD▫️ Position Size: 80,714,842.11 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May; it was previously the whale with the largest contract position size.Hyperliquid November; since then, this address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
Profit/loss changed from -12,833,784.60 USD (-154.98%) to -10,741,534.81 USD (-133.08%).
02
The average entry price is 94.31 USD, the current token price is 108.79 USD, and the liquidation price is 323.03 USD。
03
The position size is 80,714,842.11 USD。
04
Sources state that, since May, the address has established a large SOL short position and has continuously taken profits since November.
05
Sources state 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 represents a bet that the price will fall. Sources state that the address still holds a relatively large position, but its unrealized loss has declined from previous levels.
Why it matters to readers
Changes in a single address's position and unrealized loss may provide clues for assessing SOL related trading risks, but cannot be used to determine SOL the overall trend.
Beginners should focus on understanding the average entry price, current token price, and liquidation price: price movements may affect short-position profit and loss, and reaching the liquidation price may create a risk of forced closure.
Risks and unknowns
The information comes from a Telegram channel and does not provide independently verifiable on-chain evidence.
The position size, leverage, and data accuracy cannot be confirmed based on this information alone.
The “May” and “November” in the source do not specify the year.
It remains unclear whether the address will continue taking profits, reduce its position, or be forcibly closed.
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Related concepts
Short Position
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