Abraxas Capital The main address reportedly increased its position by approximately 4110000 coins XPL in short positions
BIBIBI
AT A GLANCE
The post stated that the “Abraxas Capital main address” increased its holdings by approximately 4109200 tokens of XPL short positions, currently showing an unrealized loss of 127200 USD。
Article
🐳 【Abraxas Capital Main address】XPL Short position flattened!
💰XPL Increased short position by 4,109,203.00 units, equivalent to approximately 483,195.35 USD▫️ Position size: 2,260,091.57 USD▫️ Average price: 0.10 USD → 0.10 USD▫️ Current P&L: -127,241.29 USD (-16.89%)
▫️ Current coin price: 0.10 USD▫️ Liquidation price: 5.12 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened by May; previously, this was the whale with the largest contract capital on Hyperliquid.November Since 920000000 USD, this address has continued taking profits; its position size previously reached https://www.tradingbeats.xyz
Key points
01
The post stated that XPL the short position was increased by 4,109,203.00 units, equivalent to approximately 483,195.35 USD。
02
The position size listed in the post was 2,260,091.57 USD。
03
The average price change listed in the post was 0.10 USD to 0.10 USD。
04
The post listed current profit/loss as -127,241.29 USD (-16.89%).
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The current coin price listed in the post was 0.10 USD, and the liquidation price was 5.12 USD。
06
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
07
The post stated that the address had continuously taken profits 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.
A short position is a bet that the price will fall; “increased holdings” means continuing to expand that bet. The post’s data show that the position is currently at a loss and list the position size, average price, token price, and liquidation price.
Why it matters to readers
Additional short positions and changes in profit and loss may reflect this address’s bet on the direction of XPL the price and may also attract market participants’ attention.
Beginners may treat this information as a position snapshot of a single address and should not follow the trade based solely on this post; short positions carry the risk of expanding losses if the price rises.
Risks and unknowns
It cannot be confirmed based on the post alone that this address is indeed Abraxas Capital。
The calculation basis and accuracy of the listed position, profit and loss, token price, and liquidation price cannot be confirmed.
The post does not provide on-chain transaction details that would allow the above data to be independently verified.
The months in the post do not specify a year.
It cannot be confirmed whether the data collection time is consistent with the publication time.
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Related concepts
Short Position
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