Abraxas Capital The labeled main address's ETH short position unrealized loss narrowed to approximately 40720000 USD
BIBIBI
AT A GLANCE
The post states that an address's ETH short position unrealized loss narrowed from 42886100 USD to 40722000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position unrealized loss narrows!
▫️ P&L: -42,886,092.39 USD (-75.57%) → -40,721,965.24 USD (-72.30%)
▫️ Average entry price: 2,304.10 USD▫️ Current price: 2,693.59 USD▫️ Liquidation price: 4,096.42 USD▫️ Position size: 281,618,049.43 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and the address was previously a whale with Hyperliquid's largest contract position size.November, the address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The post labeled the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as “Abraxas Capital main address.”
02
This ETH short position's P&L changed from -42,886,092.39 USD（-75.57%） to -40,721,965.24 USD（-72.30%）。
03
The post lists an average entry price of 2,304.10 USD, a current price of 2,693.59 USD, and a liquidation price of 4,096.42 USD。
04
The position size listed in the post is 281,618,049.43 USD。
05
The post states that the large short position was opened on May, and that the address has continuously taken profits since November.
06
The post states 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.
Short positions generally profit when prices decline. The post indicates that the position remains at an unrealized loss, but both the loss amount and loss percentage have decreased, hence the description “unrealized loss narrowed.” The liquidation price is a reference price provided in the post that may trigger forced closure; it does not mean liquidation will necessarily occur.
Why it matters to readers
If the address attribution and position data are accurate, this is a sizable ETH short position whose changes may warrant attention; however, data from a single address are insufficient to determine ETH the overall price direction.
Beginners can view this information as position monitoring for a single large account rather than as a trading signal. Distinguish among unrealized losses, realized losses, and liquidation, and verify the data source first.
Risks and unknowns
The original text provides no independently verifiable on-chain or exchange position evidence.
Whether this address actually belongs to Abraxas Capital cannot be confirmed from the original text alone.
The original text does not specify the exact time at which these position data were collected.
It cannot be confirmed whether the position still exists, or whether it has been reduced or closed.
It cannot be confirmed whether the liquidation price may change as a result of changes in margin or position size.
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Related concepts
Short Position
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