Abraxas Capital Primary address ETH Short position unrealized loss expands; position data unverified
BIBIBI
AT A GLANCE
HyperInsight stated that the Abraxas Capital address's ETH short position unrealized loss expanded to 40447200 USD。
Article
🐳【Abraxas Capital Primary address]ETH Short position unrealized loss expands!
▫️ P&L: -38,401,304.84 USD (-68.75%) → -40,447,162.47 USD (-71.89%)
▫️ Average entry price: 2,304.06 USD▫️ Current token price: 2,690.96 USD▫️ Liquidation price: 4,163.96 USD▫️ Position size: 281,315,356.01 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began opening on May, and was previously the whale with the Hyperliquid largest contract position size.November, this address continuously took profits, with its position size previously reaching 920000000 USD. 🔥
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Key points
01
Profit/loss changed from -38,401,304.84 USD (-68.75%) to -40,447,162.47 USD (-71.89%).
02
ETH The average entry price was 2,304.06 USD, the current token price was 2,690.96 USD, and the liquidation price was 4,163.96 USD。
03
The position size was 281,315,356.01 USD。
04
The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The original text stated that the large short position began opening on May, and that from November the address continuously took profits, 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 position that bets on a price decline. The original text stated that this address's ETH short position loss expanded, with the current loss at 40,447,162.47 USD。
Why it matters to readers
This indicates that the position described in the original text is currently incurring a larger unrealized loss, but it cannot be used to determine ETH subsequent price direction.
This can help beginners understand contract-trading concepts such as short positions, unrealized losses, average entry price, position size, and liquidation price.
Risks and unknowns
Whether the address belongs to Abraxas Capital was not supported by independent verification.
No independent verification was provided for the position size, P&L changes, or information on opening the position and taking profits.
It cannot be confirmed whether the address still holds the position.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
