HyperInsight labeled it as Abraxas Capital the main address's SOL short-position unrealized loss, which widened to approximately 19920000 USD
BIBIBI
AT A GLANCE
The post stated that Abraxas Capital the main address's SOL short-position unrealized loss widened to 19,923,036.70 USD。
Article
🐳【Abraxas Capital Main address]SOL Short position unrealized loss widening!
▫️ P&L: -17,894,780.65 USD (-203.20%) → -19,923,036.70 USD (-221.14%)
▫️ Average entry price: 94.31 USD▫️ Current coin price: 121.09 USD▫️ Liquidation price: 331.79 USD▫️ Position size: 90,092,632.25 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position began building on May; previously, it was Hyperliquid the whale with the largest contract capital size.November Since then, this address has continued taking profit; its position size previously reached 920000000 USD. 🔥
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Key points
01
The P&L listed in the post changed from -17,894,780.65 USD（-203.20%) to -19,923,036.70 USD（-221.14%）。
02
The average entry price listed in the post was 94.31 USD, the current coin price was 121.09 USD, and the liquidation price was 331.79 USD。
03
The position size listed in the post was 90,092,632.25 USD。
04
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The post stated that this large short position began building on May; this address has continued taking profit since November, and its position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions typically profit when the coin price falls. The post data showed that the current coin price, 121.09 USD was higher than the average entry price of 94.31 USD, and stated that the position's unrealized loss had widened. The liquidation price is a risk parameter for the position listed in the post, but the original text did not explain how these data were verified or the statistical time frame.
Why it matters to readers
This was a short position reportedly sized at 90,092,632.25 USD; its P&L and position changes may have been affected by SOL price movements. The original text did not prove that the position had already been reduced, closed, or liquidated, nor did it prove that it had affected the market.SOL
Beginners may pay attention to the meaning of short positions, unrealized losses, average entry prices, and liquidation prices, but should not make trading decisions based solely on data or address labels from a single post.
Risks and unknowns
Whether the address actually belongs to Abraxas Capital was not confirmed by independent evidence in the original text.
The position size, P&L, average entry price, current coin price, and liquidation price have not been independently verified.
The original text did not provide the timestamp of the data screenshot,May and the years corresponding to November were also not specified.
The original text did not confirm that the position had already been reduced, closed, or liquidated.
Related Developments
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The original text did not prove that the short position had affected the SOL market.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
