Abraxas Capital The main address reduced its 318.35 units BTC short position, with a current unrealized loss of approximately 4202700 USD
BIBIBI
AT A GLANCE
A Telegram channel stated that a wallet labeled Abraxas Capital main address reduced its 318.35 units BTC short position.
Article
🐳 【Abraxas Capital Main address】BTC The short position has been cut at a loss!
💰BTC Reduced the short position by 318.35 units, approximately equivalent to 32,714,983.47 USD▫️ Position size: 181,341,785.74 USD▫️ Average entry price: 76,327.40 USD → 76,366.10 USD▫️ Current profit/loss: -4,202,706.36 USD (-11.59%)
▫️ Current token price: 78,177.92 USD▫️ Liquidation price: 138,904.05 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began establishing positions at May; it was previously Hyperliquid the whale with the largest contract capital scale.November; from then on, this address continuously took profits, with its position size previously reaching 920000000 USD。 🔥
Key points
01
A Telegram channel stated that the Abraxas Capital main address reduced its 318.35 units BTC short position, approximately equivalent to 32,714,983.47 USD。
02
The position size is 181,341,785.74 USD。
03
The average entry price changed from 76,327.40 USD to 76,366.10 USD。
04
Current profit/loss was -4,202,706.36 USD (-11.59%).
05
The current token price is 78,177.92 USD, and the liquidation price is 138,904.05 USD。
06
The relevant address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
07
The original text stated that this address was previously Hyperliquid the whale with the largest contract capital scale, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is market information regarding changes in BTC contract positions. The original text stated that a wallet labeled Abraxas Capital main address reduced its BTC short position, but this information came from a Telegram channel and has not provided independently verifiable on-chain transaction links or data screenshots.
Why it matters to readers
Changes in the large BTC short position may serve as a clue for observing this address and the Hyperliquid related contract-position structure, but a single change cannot represent the overall market direction.
A short position is a contract position that bets on an asset's price falling; reducing a short position means reducing the size of that position. The liquidation price is the price at which forced liquidation may be triggered.
Risks and unknowns
The original information came from a Telegram channel and did not provide independently verifiable on-chain transaction links or data screenshots.
It is not possible to confirm from this information alone that the address belongs to Abraxas Capital。
It is not possible to determine from this BTC overall price direction,Hyperliquid overall trading volume, or changes in platform revenue.
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Related concepts
Short Position
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