HyperInsight stated that the Abraxas Capital main address BTC’s unrealized loss on its short position widened to approximately 21260000 USD
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The post stated that the Abraxas Capital main address’s BTC short-position unrealized loss widened to 21260000 USD。
Article
🐳【Abraxas Capital main address】BTC Short position unrealized loss widening!
▫️ P&L: -18,778,443.39 USD (-40.24%) → -21,261,482.75 USD (-45.08%)
▫️ Average entry price: 75,949.40 USD▫️ Current token price: 83,476.00 USD▫️ Liquidation price: 141,633.10 USD▫️ Position size: 235,806,818.82 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May; previously, it was Hyperliquid a whale with the largest contract capital size.November Starting from then, the address has continued taking profits; its position size previously reached 920000000 USD. 🔥
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Key points
01
The P&L listed in the post changed from -18,778,443.39 USD（-40.24%）to -21,261,482.75 USD（-45.08%）。
02
The average entry price listed in the post was 75,949.40 USD, the current token price was 83,476.00 USD, and the liquidation price was 141,633.10 USD。
03
The position size listed in the post was 235,806,818.82 USD。
04
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The post stated that the large short position was opened starting May, and November starting from then, the address has continued taking profits; its position size previously reached 920000000 USD。
06
The post stated that the address was previously Hyperliquid a whale with the largest contract capital size.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position typically benefits when the BTC price falls and incurs losses when it rises. The post shows that the current token price is higher than the short position’s average entry price, while the unrealized loss amount and loss percentage have further increased. The liquidation price is a position reference metric listed in the post, but this post alone cannot confirm whether the position will be liquidated.
Why it matters to readers
The position size listed in the post is substantial, and its P&L and subsequent position reductions, profit-taking, or position changes merit monitoring; however, the position of a single address cannot directly indicate BTC the overall market trend.
Beginners may use this to understand short positions, unrealized P&L, average entry prices, and liquidation prices, but should not treat the position of a single address as a trading signal.
Risks and unknowns
The source text does not provide on-chain transaction records or query results that would allow the position data to be independently verified.
The source text provides no evidence as to whether the address is actually controlled by Abraxas Capital.
The source text does not specify the exact collection time of the “current token price” and position data.
“May” and “November” are not accompanied by a year.
The source text does not explain the margin, leverage multiple, or liquidation-price calculation method.
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The source text’s claim regarding the “largest contract capital size” lacks a comparison scope and verification basis.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
